Relatively stable revenues and cash flows; Good customer and geographic diversification; Satisfactory market position, particularly in food and support services; Potential inability to fully offset future probable health care cost increases; and Subject to food cost volatility. Moderate forecasted credit ratio improvement, including leverage around 4x and funds from operations (FFO) to total debt in the mid-to-high teens; Still majority owned by financial sponsors, though we expect this to decline over time; and Seasonal cash flow generation. The stable outlook reflects Standard&Poor's Rating Services' forecast that profitability and cash flow will grow modestly due to new business wins and strong retention rates despite slowing global economic growth and potentially higher health care costs. We forecast debt-to-EBITDA near 4x
