Alcon, Inc.'s Fourth Quarter Sales Rise 20.0 Percent

HUNENBERG, Switzerland--(BUSINESS WIRE)--Alcon, Inc. (NYSE:ACL) reported global sales of $1,469.7 million for the fourth quarter of 2007, an increase of 20.0 percent over global sales for the fourth quarter of 2006, or 12.8 percent excluding the impact of foreign exchange fluctuations and the acquisition of WaveLight AG, a leading manufacturer of refractive lasers. Sales in the fourth quarter of 2007 included $15.1 million of sales related to WaveLight products since Alcon’s acquisition of 77.4 percent of WaveLight’s outstanding shares completed on November 9, 2007. Net earnings for the fourth quarter of 2007 were $376.5 million, or $1.25 per share on a diluted basis, compared to $354.7 million, or $1.16 per diluted share for the fourth quarter of 2006. Adjusted net earnings for the fourth quarter of 2007, which exclude a $16.8 million after-tax loss related to the WaveLight acquisition and refractive integration, were $393.3 million, or $1.31 per diluted share, an increase of 10.9 percent over net earnings for the fourth quarter of 2006.

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