Alcon’s Q1 2024 Earnings Surge with Contact Lens Sales

Alcon (CH:ALC) has released an update.

Alcon, a global leader in eye care, has reported a strong start to 2024 with first-quarter sales rising to $2.4 billion, marking a 5% increase from the previous year, and a substantial 43% growth in diluted earnings per share at $0.50. Their performance was particularly bolstered by robust sales in the contact lens segment and significant operational cash flow improvements. The company’s shareholders also approved a dividend of CHF 0.24 per share during the Annual General Meeting.

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