secwatch.observer — SEC 8-K summary
======================================

Issuer:     Bausch & Lomb Corp (BLCO)
CIK:        0001860742
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0000950103-25-014656
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bausch + Lomb targets 5-7% revenue CAGR, ~23% EBITDA margin; pipeline peak sales ~$7B
--------------------------------------------------------------------------------

- Targets 5-7% constant currency revenue CAGR 2025-2028.
- Adjusted EBITDA margin (excl. Acq. IPR&D) target of ~23% in 2028.
- Double-digit adjusted EPS growth (excl. Acq. IPR&D) expected 2026-2028.
- Pipeline products projected peak sales of ~$7 billion; key launches include ELIOS MIGS (US 2H 2026) and PreserVision AREDS3 (1H 2026).
- Net leverage target of ~3.5x by end of 2028; 2025 guidance reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860742/000095010325014656/0000950103-25-014656-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860742/000095010325014656/dp237254_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-25-014656

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer