HUNENBERG, Switzerland--(BUSINESS WIRE)--Alcon, Inc. (NYSE:ACL) reported global sales of $1,471.5 million for the second quarter of 2007, an increase of 12.3 percent over global sales for the second quarter of 2006, or 10.0 percent on a constant currency basis. Net earnings for the second quarter of 2007 decreased 3.7 percent to $448.4 million, or $1.48 per share on a diluted basis, compared to $465.6 million, or $1.50 per diluted share for the second quarter of 2006. Net earnings in the second quarter of 2006 were positively impacted by the reduction of an accrued liability related to the settlement of several intellectual property lawsuits between Alcon and a competitor. The after-tax impact of this non-cash reduction was $99.1 million, or $0.32 per share on a diluted basis. Excluding this impact, adjusted net earnings in the second quarter of 2006 were $366.5 million, or $1.18 per share on a diluted basis. As a result, net earnings in the second quarter of 2007 grew 22.3 percent compared to adjusted net earnings in the second quarter of 2006.
