All Alcon articles – Page 2
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ArticleRussian contact lenses market in turmoil
Russia experiences a temporary shortage of Johnson & Johnson’s Acuvue contact lenses due to panic buying and logistics disruptions, the Russian newspaper Kommersant reported, quoting optical retailers. The Russian retail chain Happy Look said that Acuvue accounted for 50 percent of the Russian contact lenses market, and from 70 to ...
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ArticleSales of contact lenses in Europe rebound slightly over 2019 level
Euromcontact, the European federation of national associations and international contact lens manufacturers, calculated that the market value for soft contact lenses at wholesale level increased by 14.3 percent year-on-year to €1,991 million last year in the 34 countries researched. The list includes mostly European countries but also the U.A.E., Egypt, ...
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ArticleEyewear industry stock prices down 13% in Q1
The first quarter of 2022 was the worst quarter for global equity markets since the first quarter of 2020 when the Covid-19 pandemic started spreading worldwide, leading to travel restrictions and lockdowns and prompting stock markets to collapse in March. Since the start of this year, the U.S. equity market ...
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News briefs
Alcon reports 11% increase in sales of contact lenses in Q4
Alcon generated sales of contact lenses totaling $533 million in the fourth quarter ended Dec. 31, up by 11 percent compared to the year earlier in constant currency terms and benefiting from continuing recovery in international markets and growth in silicone hydrogen (SiHy) contact lenses, including Precision 1 products and ...
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ArticleTop 5 eyewear companies’ stock prices up 4.6 % in Q4
We are updating here our quarterly chart on the evolution of stock prices for the public companies in the eyewear market, including manufacturers, distributors or retailers of contact lenses, prescription lenses, eyeglasses and sunglasses. We are also publishing a ranking of these 22 companies based on their stock market value. ...
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News briefs
Alcon sales of contact lenses up 8% in Q3
Alcon reported an 8 percent year-on-year increase in contact lenses sales to $562 million for the third quarter of the current financial year on a constant currency basis, also an 8 percent hike from Q3 2019 in reported terms. The company commented that the category benefitted from recovery effects in ...
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News briefs
Alcon raises guidance after strong Q2
Alcon’s Q2 sales of contact lenses increased by 57 percent year-on-year and in constant currencies, reaching $535 million. The increase, which also represents a 8.5 percent hike as compared to the same period in 2019, was driven by the strong recovery of the U.S. market. The company commented that the ...
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News briefs
Alcon announces executive committee changes
Alcon announced a series of changes in its executive committee as Michael Onuscheck will be stepping down from his position of president of global business and innovation after six years at the company. Ian Bell , currently president of international will take over from Onuscheck. Raj Narayanan , ...
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News briefs
Alcon posts flat CL sales in Q1
Alcon ’s sales of contact lenses were roughly stable in Q1 2021 as compared to the same quarter in 2019, reaching $509 million, representing an increase of 1 percent in reported terms and a 1 percent decrease on a constant currency basis. The positive effect of the launch of the ...
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ArticleThe European soft contact lenses’ market decreased by 9% last year
The European wholesale market for soft contact lenses decreased by 9.1 percent year-on-year to €1,376 million in 2020 according to data collected in 13 countries by Euromcontact, the European federation of national associations and international contact lenses manufacturers. The countries included in this research are: Belgium, Luxemburg, Denmark, France, Germany, ...
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ArticleContact lenses drove Alcon recovery in Q4
Alcon reported a 2 percent year-on-year increase in total revenues to $1,925 million for the fourth quarter of its 2020 financial year, marking a return to positive growth figures after two consecutive negative quarters. In constant currencies, total sales increased by 1 percent. Sales in the vision care ...
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ArticleEyewear industry stocks grew by 6% in 2020
We are publishing here for the first time our ranking of the main stock-listed eyewear industry companies, based on their stock market capitalization in euros at the end of 2020. The corresponding table also shows the change in market value from the previous year, both in local currency and euros. ...
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ArticleAlcon’s vision care sales flat in Q3
In the third quarter of 2020, Alcon ’s vision care division, which includes the contact lens and ocular health businesses, posted net sales of $822 million, unchanged from a year earlier at current and constant currency rates. The company said that strong performances by Precision1 , its newest daily silicone ...
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ArticleAlcon’s Q2 vision care sales down 27% driven by contact lenses
In the second quarter of 2020, Alcon ’s vision care division, which includes the contact lens and ocular health businesses, posted an 27 percent decrease in net sales to $596 million. At constant currency rates, the decline reached 25 percent and was primarily driven by lower demand and widespread closures, ...
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News briefs
Alcon’s Q1 vision care sales up 8% driven by dailies total 1 contact lenses
In the first quarter of 2020, Alcon’s vision care division posted an 8 percent increase in net sales to $838 million. At constant currency rates, the top line rose by 10 percent driven by solid demand for Dailies Total 1 contact lenses, the launch momentum of Precision 1 ...
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Article
Alcon’s first year after Novartis spin-off is a success
Alcon reported total sales of $7,362 million for the full year 2019, an increase of 3 percent on a reported basis and 5 percent in constant currencies. The management said that 2019 was a good year for the company, as it completed its spin-off from Novartis to become an ...
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