Earnings release
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Alcon MEDIA RELEASE COMMUNIQUE AUX MEDIAS MEDIENMITTEILUNG Alcon Reports Second Quarter 2021 Results • Second quarter sales of $ 2.1 billion , up 75 % or 69 % constant currency • Growth in all Surgical and Vision Care categories • • First half cash from operations of $ 542 million and free cash flow of $ 320 million Raises full year guidance : sales of $ 8.0 - $ 8.2 billion , core diluted EPS of $ 2.00 - $ 2.10 Ad Hoc Announcement Pursuant to Art . 53 LR Geneva , August 17 , 2021 - Alcon ( SIX / NYSE : ALC ) , the global leader in eye care , 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 ( 2 ) , as compared to the same quarter of the previous year . Second quarter 2021 diluted earnings per share were $ 0.31 and core diluted earnings per share were $ 0.56 . Second quarter and first half 2021 key figures Three months ended June 30 2021 2020 Six months ended June 30 2021 2020 Net sales ( $ millions ) 2,094 1,198 4,004 3,020 Operating margin ( % ) 10.9 % ( 38.9 ) % 9.4 % ( 16.4 ) % Core operating margin ( % ) ( ¹ ) 18.2 % ( 6.6 ) % 18.1 % 7.4 % Diluted earnings / ( loss ) per share ( $ ) 0.31 ( 0.86 ) 0.48 ( 0.98 ) Core diluted earnings / ( loss ) per share ( $ ) ( 1 ) 0.56 ( 0.21 ) 1.05 0.24 " 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 . " Mr. Endicott continued , " The healthy recovery in the business underlies our confidence in driving top line growth with continued innovation and the growing demand for eye care . With the ongoing expansion of our manufacturing capacity , we remain focused on maintaining a steady stream of product flow as we expand our portfolio and respond to market demand . " 1