Lab to ramp up productions after 15% decline in profits

Production is being ramped up at the Cork-based Alcon Laboratories after it reported a 15% decline in pre-tax profits to €1.95m for last year.

According to accounts filed with the Companies Office, the revenues of Alcon Laboratories Ltd increased by 6%, from €30.4m to €32.4m, in the 12 months to the end of December last.

Alcon’s principal activity is the manufacture of intraocular lens (IOLs). These are used to replace the natural lens removed during cataract surgery.