AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Alcon profit up nearly 35 percent in 2nd quarter.

Fort Worth Star-Telegram (Fort Worth, TX)

| July 28, 2005 | COPYRIGHT 2005 Fort Worth Star-Telegram. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Maria M. Perotin

Jul. 28--Eye-care giant Alcon's earnings climbed almost 35 percent to $325 million in 2005's second quarter, when the Fort Worth company once again boosted sales across its three main divisions.

Alcon saw the biggest gains in sales of drugs, including its treatments for glaucoma, allergies and eye infections, according to results released after the market closed Wednesday. Pharmaceutical sales reached $502.6 million in the second quarter, an increase of more than 14 percent over the same period last year.

The earnings, which amounted to $1.04 per share, compared with an adjusted profit of $241.6 million, or 78 cents per share, in the same period of 2004. Without the adjustment, which was related to various changes to Alcon's previous tax return, earnings still would have increased almost 9 percent.

Sales rose 12.8 percent to $1.17 billion.

"We continued to leverage our global infrastructure to further drive profit growth," Chief Executive Cary Rayment said in a statement Wednesday. "We also look forward to the significant new market opportunity presented by the AcrySof ReSTOR intraocular lens and plan to capitalize upon this to drive future surgical franchise growth."

ReSTOR, the newest lens in Alcon's AcrySof line, won approval from the U.S. Food and Drug Administration in March. It uses technology that aims to eliminate a patient's need for glasses after cataract surgery.

Related articles from newspapers, magazines, journals, and more
Career Centers of Texas - Fort Worth to Host Graduation Ceremony for 364...
Press release article from: Business Wire October 6, 2006 700+ words
...expected to increase by 62.3 percent, dental assistant positions are expected to increase by 42 percent and pharmacy technician positions...expected to increase by 34 percent from 2002 to 2012. "Graduation...for Career Centers of Texas - Fort Worth. "Our students have committed...
Fort Worth, Texas, Wins Round in Fight over Dallas' Love Field.
Newspaper article from: Knight Ridder/Tribune Business News Baker, Max B. June 12, 1998 700+ words
...District Judge Jerry Buchmeyer gave Fort Worth its biggest legal victory to date yesterday...Southwest Airlines' request to dismiss Fort Worth's lawsuit. He made a narrow interpretation...federal court injunction that prohibits Fort Worth from filing any more lawsuits against...
Fort Worth Star-Telegram, Texas, Retail and Marketing Column.
Newspaper article from: Knight Ridder/Tribune Business News Fort Worth Star-Telegram, Texas October 20, 1998 700+ words
...Tribune Business News Oct. 19--FORT WORTH, Texas--ON THE BORDER CAFE BEING BUILT IN SOUTHWEST FORT WORTH: Brinker International, continuing...started on a second On The Border Cafe in Fort Worth. The 4411 Bryant Irvin Road site...
Fort Worth, Texas, Visitor's Bureau Withdraws from Dallas Marketing Program.
Newspaper article from: Knight Ridder/Tribune Business News May 26, 2002 700+ words
By Sean Wood, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News May 26--FORT WORTH, Texas--The Fort Worth Convention & Visitors Bureau will not rejoin its Arlington, Irving and Dallas counterparts in a regional...
Fort Worth, Texas, Area Shows Big Increase in High-Tech Jobs.(Knight...
Newspaper article from: Knight Ridder/Tribune Business News Fest, Glen December 7, 2000 700+ words
...from 1997 to 1998 with nearly 20 percent. By comparison, Fort Worth's growth in that year was 4...40,497 in 1993. --About 47 percent of Fort Worth-area homes have computers; only 36 percent have Internet access. To see more...
Fort Worth.(North Texas & the Panhandle)
Texas Adventure Guide Young, Kimberly January 1, 1999 700+ words
...year that Camp Worth was established. Fort Worth (having moved from camp to fort status...Trail ran east of town between Dallas and Fort Worth; the Western Trail passed to the west between Fort Worth and Fort Griffin. Fort Worth became...
Fort Worth, Texas, Currency Plant to Unveil Visitors Center, New $50 Bill.
Newspaper article from: Knight Ridder/Tribune Business News April 26, 2004 700+ words
...of other dignitaries will be in Fort Worth to unveil the visitors center...will be printed exclusively in Fort Worth. The Fort Worth plant is one of just two U.S. currency plants and produces 55 percent of the nation's paper bills...
Fort Worth Star-Telegram, Texas, Business Briefs.
Newspaper article from: Knight Ridder/Tribune Business News Fort Worth Star-Telegram, Texas October 21, 1998 700+ words
...News Oct. 20--DENTON, Texas--FORT WORTH FIRM ACQUIRES DENTON INSURANCY AGENCY...amp; Associates, a fast-growing Fort Worth insurance brokerage, has acquired Denton...service "makes it a great fit" with the Fort Worth brokerage. Higginbotham is an employee...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA