Leading global manufacturer of retailer brand (private label) soft drinks Integrated solution for retailers Restructuring under way to improve operations through a North American realignment Decline in operating margin due to weakened financial performance, which resulted from inefficient U.S. operations, higher raw material costs, and changes in product mix Significant increase in debt leverage year-over-year Narrow product portfolio Customer concentration with top customer accounting for about 40% of sales Seasonal sales Acquisitive Intense competition The ratings on Cott Corp. reflect its below-average business profile stemming from a narrow product portfolio, customer concentration, and small size in a sector dominated by companies with substantially greater financial resources and market presence. Furthermore, the company's weak operating performance has resulted in an ongoing
