Wednesday, April 25, 2007

UPDATE 1-Alcon first-quarter profit rises 17 percent

(Reuters) - Alcon, which is majority owned by Swiss conglomerate Nestle , posted a quarterly profit of $346.2 million, or $1.14 per share, compared with a profit of $295.7 million, or 95 cents per share, in the year-ago period.

Excluding a charge related to the impairment of certain assets of the company's refractive laser product line, Alcon earned $1.21 per share. Analysts on average had expected $1.16 per share, according to Reuters Estimates.


Read more at Reuters.com Market News

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