2024-05-14 07:00:00 ET
Summary
- Alcon has experienced robust Q1 growth, driven by double-digit growth in vision care, particularly in the contact lens market.
- The company's strong revenue growth is attributed to successful product launches, such as TOTAL30 and DAILIES TOTAL1, which have helped Alcon gain market share.
- Alcon's FY24 forecast shows potential for increased free cash flow, strong revenue growth in vision care, and growth opportunities in the surgical business.
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Alcon Q1: Robust Product Pipeline Drives Future Growth (Rating Upgrade)