Revenues, sales increase for Bausch & Lomb
ROCHESTER, N.Y. Bausch & Lomb reported sales of $566.5 million during the second quarter of 2004, an increase of 11% from sales in the second quarter of 2003. Each of the companys product categories reported solid sales growth, according to a press release from B&L.
Second quarter U.S. revenues were $225.6 million, an increase of 10% from the same period 1 year ago. The United States comprises 40% of B&Ls overall earnings, the company said in its press release. The Americas region reported a 9% increase in sales; Europe, Middle East and Africa reported a 9% increase, and Asia reported an 18% increase.
By product category, refractive surgical products posted the largest gain from the previous year (17%), followed by contact lenses (12%), pharmaceuticals (11%), cataract and vitreoretinal (9%) and lens care (7%), the company said.
Overall, however, contact lenses are the largest-selling of B&Ls product lines, generating $167.1 million in sales during the quarter. Sales of pharmaceuticals totaled $139.4 million, followed by lens care at $134.9 million, cataract and vitreoretinal at $89.5 million and refractive products at $35.6 million.
The revenue growth in refractive surgical products was primarily driven by higher sales of per-procedure cards, microkeratome blades and upgrades to the Zyoptix platform for customized LASIK surgery, the company said.