Cooper growth delivers profit

Speciality contact lens maker Cooper Companies has reported a second quarter profit on higher sales of its Proclear products and toric lenses.

For the quarter ended April 30, Cooper earned $11.2m compared with a loss of $527,000 in the same quarter last year. Revenue was up 17 per cent to $263.5m.

Cooper's president and chief executive officer Robert Weiss said there was strong growth in several of its product categories and it launched its two-weekly silicone hydrogel sphere Avaira.

'Additionally we benefited from significant manufacturing improvements for Biofinity and Proclear dailies and are no longer capacity constrained with these products,' he said.