News

Alcon reports jump in profits

Contact lenses
Eye care product manufacturer Alcon reported a fourth-quarter net profit jump of 16.1 per cent to $1.22bn in 2006 compared to the same period last year when it took a patent litigation charge.

Eye care product manufacturer Alcon reported a fourth-quarter net profit jump of 16.1 per cent to $1.22bn in 2006 compared to the same period last year when it took a patent litigation charge.

The company said in 2005 it incurred charges related to damage sustained to its facility in the UK and to an adverse judgement in a patent lawsuit filed by one of its competitors in the fourth quarter of that year.

? For the full year 2006, Alcon reported global sales of $4,896.6m.




Related Articles