Tom Stephan's questions to Alcon AG (ALC) leadership • Q1 2025
Question
Tom Stephan of Stifel inquired about the outlook for Alcon's legacy contact lens portfolio and asked for more detail on the company's confidence in its U.S. IOL market share despite strong competitive momentum.
Answer
CEO David Endicott stated that while legacy contact lenses are a drag, the mix shift to newer, higher-margin products is beneficial for profitability. On U.S. IOL share, he acknowledged some share loss from historical peaks but emphasized the durability of the PanOptix and Vivity brands. He noted that strong international share gains have resulted in a relatively flat overall global share position.