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Article: Kansas City Southern Reports Second Quarter 2005 Results; Sets the Groundwork for the Integrated Operation of KCSR, Tex Mex and TFM.
- Article from:
- Business Wire
- Article date:
- August 3, 2005
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KANSAS CITY, Mo. -- Kansas City Southern (NYSE: KSU)
Second Quarter Highlights
--Substantial progress made in integrating TFM, S.A. de C.V. (TFM) into Kansas City Southern (KCS) and creating a single rail network connecting the commercial and industrial heartlands of U.S. and Mexico.
--Grupo Transportacion Ferroviaria Mexicana, S.A. de C.V. (GTFM) financial results consolidated under KCS as of April 1, 2005. GTFM is the holding company for TFM, the railroad operating company in Mexico.
--KCS consolidated second quarter revenues increased 12.5% to $381.1 million over the pro forma second quarter 2004 combined revenues of $338.8 million, ...