As Alcon announced Tuesday evening, sales rose 1.9 percent to $2.12 billion in July-September 2022. The group’s operating profit was 9.7 percent (prior year 1.0 percent).
As a result, Alcon posted a net profit of US$116 million ($2.0 million in the prior year). However, the significant increase is primarily due to accounting effects. In the same period last year, Alcon had written off losses of hundreds of millions. Adjusted for all special effects, a profit of US$269 million would be made.
According to the AWP consensus, the numbers obtained were exactly what analysts expected. Facing 2022, Alcon is once again lowering its sales guidance a bit. Specifically, a turnover of 8.5 to 8.7 billion US dollars is expected.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
