Alcon Reports Second Quarter 2021 Results
Tuesday, August 31 2021 | 16 h 08 min | Financial News, Press Release
Alcon reported its financial results for the three and six months ended June 30, 2021. For the second quarter of 2021, worldwide sales were $2.1 billion, an increase of 75% on a reported basis and 69% on a constant currency basis, as compared to the same quarter of the previous year.
“Our second quarter performance demonstrates the strength and resilience of our businesses, with our highest quarterly sales and earnings since our spin-off,” said David Endicott, Alcon’s Chief Executive Officer. “Strong commercial execution behind our new product launches resulted in all sales categories in Surgical and Vision Care posting growth over 2019, notwithstanding the continued impact of COVID-19.”
Worldwide sales for the second quarter were $2.1 billion, an increase of 75% on a reported basis and 69% on a constant currency basis, compared to the second quarter of 2020. All categories benefited from the improvements in the eye care market, led by the strong recovery in the US and varied paces of recovery in international markets from the COVID-19 pandemic.
Vision Care Returns to Growth; Strong Demand for Precision1, Systane and Pataday
Vision Care net sales of $0.9 billion, which include contact lenses and ocular health, increased 49%, or 44% on a constant currency basis, compared to the second quarter of 2020, also with double-digit increases across both categories. Contact lens growth reflected improvements in all product categories and continued momentum from the launch of Precision1 and Precision1 for Astigmatism. Growth in ocular health was led by Systane and Pataday, primarily due to the recent launch of Pataday Extra Strength.
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