(Reuters) - Alcon on Tuesday said group revenue rose by 7% in the first quarter, due to increased demand and favorable market conditions across most markets.
The Swiss-American eye care group reported first-quarter net sales of $2.33 billion, compared to $2.18 billion the previous year.
The firm also reported a 3.6% increase in first-quarter net profit to $174 million from a year ago.
It slightly raised its full-year outlook for net sales, expecting year-on-year growth in constant currency of between 7% and 9%, compared to its previous forecast of between 6% and 8%.
"As we look to the remainder of the year, we will continue to focus our efforts on value creation through accelerating innovation and driving above-market sales growth," said Chief Executive David Endicott.
The group expects 2023 adjusted earnings per share to reach the high end of its previously guided range of between $2.55 and $2.65.