Alcon Inc. Investors: Alcon Reports Fourth Quarter and Full Year 2020 Results
Continued recovery resulted in full year sales of $6.8 billion, 8% below last year
New product launches driving market share gains; executing on strategic initiatives
Generated $823 million in cash from operations and $350 million in free cash flow
Alcon (SIX/NYSE:ALC), the global leader in eye care, reported its financial results for the fourth quarter and full year ended December 31, 2020. For the fourth quarter of 2020, worldwide sales were $1.9 billion, an increase of 2% on a reported basis and an increase of 1% on a constant currency basis
(2), as compared to the same quarter of the previous year. Fourth quarter 2020 diluted earnings per share were $0.19 and core diluted earnings per share were $0.41. Full year 2020 diluted losses per share were $1.09 and core diluted earnings per share were $1.04.
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