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Article: Fort Worth, Texas-Based Alcon See Steady Growth from Eye Care Products.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- June 28, 2004
CopyrightCOPYRIGHT 2004 Knight-Ridder/Tribune Business News. 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)
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By Maria M. Perotin, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News
Jun. 28--With brisk sales in the United States and overseas, eye-care giant Alcon saw growth across its stable of products last year.
The Fort Worth-based company enjoyed gains from its introduction of a new ear-infection drug and the latest version of its AcrySof intraocular lenses, used to treat cataracts. All told, revenue climbed to $3.4 billion for the maker of ophthalmic surgery equipment, prescription drugs and consumer eye-care products.
Alcon's return on equity of 46.4 percent was especially strong, surpassing all but one company on the list. ...