financetom
Business
financetom
/
Business
/
Alcon cuts 2025 net sales outlook on tariff pressures
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Alcon cuts 2025 net sales outlook on tariff pressures
Aug 20, 2025 4:05 AM

Aug 20 (Reuters) - Swiss-American eye-care group Alcon

on Tuesday cut its 2025 net sales outlook, saying it

expects the impact of U.S. tariffs to persist through the

remainder of the year.

Alcon, which makes nearly half of its revenue in the U.S.,

lowered its projected net sales range to $10.3 to $10.4 billion

from $10.4 to $10.5 billion forecasted in May.

It now forecasts a full-year gross tariff impact around $100

million but expects to offset that through operational changes

and foreign exchange movements.

The U.S. tariff rate of 39% on goods from Switzerland is

higher than nearly any other Western trading partner.

In 2024 46% of Alcon's net sales were made in the U.S.

The Swiss-American group posted a 4% rise in its

second-quarter sales to $2.58 billion, missing analysts' average

forecast of $2.63 billion, according to LSEG data. It said

demand for its surgical products was relatively weak in the

first half.

Alcon shares were down 8.25% in Julius Baer pre-market

indications as at 0620 GMT.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Zai Lab Says Potential Lung Cancer Treatment Shows High Response Rate in Updated Phase 1 Data
Zai Lab Says Potential Lung Cancer Treatment Shows High Response Rate in Updated Phase 1 Data
Oct 24, 2025
10:20 AM EDT, 10/24/2025 (MT Newswires) -- Zai Lab ( ZLAB ) said Friday that updated data from a phase 1 study of zocilurtatug pelitecan, or zoci, showed a high response rate across all dose levels in heavily pre-treated patients with extensive-stage small cell lung cancer. As a second-line treatment, zoci, formerly known as ZL-1310, demonstrated a 68% overall response...
Intel Shares Are Climbing Higher Thursday: What's Going On?
Intel Shares Are Climbing Higher Thursday: What's Going On?
Oct 24, 2025
Intel Corporation ( INTC ) shares are trading higher Friday after the company reported third quarter earnings per share and sales above expectations. INTC is demonstrating bullish strength. Get the market research here. What To Know: Intel ( INTC ) reported adjusted earnings of 23 cents per share, topping the consensus estimate of 1 cent. Revenue came in at $13.65...
Russia's top Indian oil client Reliance says will abide by western sanctions
Russia's top Indian oil client Reliance says will abide by western sanctions
Oct 24, 2025
NEW DELHI, Oct 24 (Reuters) - Reliance Industries Ltd , the top Indian buyer of Russian oil, will abide by Western sanctions against Moscow while maintaining its relationship with current oil suppliers, its spokesperson said in a statement. Reliance, which is controlled by billionaire Mukesh Ambani and operates the world's biggest refining complex at Jamnagar in western Gujarat state, has...
T-Mobile US to Deliver 'Attractive' Returns Over the Next 12 Months, Deutsche Bank Says
T-Mobile US to Deliver 'Attractive' Returns Over the Next 12 Months, Deutsche Bank Says
Oct 24, 2025
10:15 AM EDT, 10/24/2025 (MT Newswires) -- T-Mobile US ( TMUS ) will deliver attractive returns for shareholders over the next 12 months, driven by growth in earnings before interest, taxes, depreciation, and amortization, or EBITDA, and free cash flow, analysts at Deutsche Bank said in a Friday note. Analysts said that the company's fiscal Q3 financial results beat estimates...
Copyright 2023-2026 - www.financetom.com All Rights Reserved