{"id":127,"date":"2017-10-25T06:25:15","date_gmt":"2017-10-25T06:25:15","guid":{"rendered":"http:\/\/localhost\/eng.dailyausaf.com\/?p=127"},"modified":"2024-02-12T12:52:40","modified_gmt":"2024-02-12T07:52:40","slug":"novartis-sees-bright-future-for-eye-unit","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/health\/novartis-sees-bright-future-for-eye-unit\/","title":{"rendered":"Novartis sees bright future for eye unit"},"content":{"rendered":"<p>ZURICH: Swiss pharmaceutical giant Novartis said Tuesday a strategic review of its eye care unit showed that Alcon can deliver strong growth, but that a possible spin-off or listing is at least two years away.<\/p>\n<p>While a decision on Alcon\u00b4s fate had been expected by the end of this year, the firm said it wanted further quarters of sales growth and better profit margins before taking a decision <a href=\"https:\/\/myrohto.com\/\">https:\/\/myrohto.com\/<\/a>, meaning that no action was likely before the first half of 2019.<\/p>\n<p>Novartis also released Tuesday quarterly results which showed a 7 percent increase in net profit to $2.08 billion on a 2 percent increase in sales to $12.4 billion.<\/p>\n<p>But over the first nine months of the year net profit was down 1 percent to $5.7 billion.<\/p>\n<p>Novartis confirmed its annual outlook of sales similar to the $48.5 billion registered last year and operating profits near or slightly below the $12.9 billion recording in 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZURICH: Swiss pharmaceutical giant Novartis said Tuesday a strategic review of its eye care unit showed that Alcon can deliver strong growth, but that a possible spin-off or listing is at least two years away. While a decision on Alcon\u00b4s fate had been expected by the end of this year, the firm said it wanted [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=127"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/127\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/128"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}