$Alcon (ALC.US)$Revenue shrank by 9% in the past 5 years onl...

$Alcon(ALC.US)$Revenue shrank by 9% in the past 5 years only in 2020, with an average growth rate of 5.1% for the remaining 4 years. Operating profit did not reverse losses until 2021, and grew 15.9% to 670 million in 2022. Reversing operating profit mainly depended on a sharp increase in gross margin. Net profit also reversed losses in 2021, but fell 11% in 2022 due to increased interest charges and losses from the sale of securities.