New Product Launches and Strategic Acquisitions
Several major product launches are underway, including Unity VCS, PanOptix Pro, and Tryptyr. Strategic acquisitions, such as STAAR Surgical and LumiThera, are expected to strengthen the product portfolio and drive growth.
Solid Contact Lens Performance
Contact lens sales were up 7% to $692 million, driven by product innovation and price increases.
Strong Free Cash Flow Generation
The company generated $681 million of free cash flow in the first half of the year, enabling $287 million to be returned to shareholders.
Vision Care Stability
Vision Care sales were up 5% to $1.1 billion, with contact lenses showing particularly strong performance.