Somewhat more favorable growth prospects than close peers', in part reflecting a product portfolio skewed more toward flavored carbonated drinks and other non-carbonated beverages, including the company's recently announced acquisition of Bai Brands LLC. Ongoing productivity initiatives, coupled with less foreign currency exposure compared with peers, should allow for above-average operating profit growth and continue strong EBITDA margins of just over 25%. Limited geographic and product diversification and much less scale compared with industry-leading peers. Stable and largely predictable cash flow ratios, including projected debt to EBITDA improving closer to 2.5x following the Bai Brands acquisition. Strong free cash flow should permit the company to modestly repay post-acquisition debt balances while repurchasing shares and paying dividends. The stable rating outlook
