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Article: Florida East Coast Industries Reports Fourth Quarter and Record Full-Year 2006 Results.
- Article from:
- PR Newswire
- Article date:
- February 15, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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-- Railway and Real Estate Produce Solid Performances in 2006 --
-- Railway Delivers Improved Fourth Quarter Operating Ratio and Continued Intermodal Growth --
-- Flagler's Fourth Quarter Rental Revenues Register Double-Digit Growth; Occupancy Levels Improve --
JACKSONVILLE, Fla., Feb. 15 /PRNewswire-FirstCall/ --
Railway Results
-- Fourth quarter 2006 Florida East Coast Railway (Railway) revenues
increased 2% to $63.6 million compared to the 2005 fourth quarter.
Railway operating profit improved 7% to $17.4 million compared to
$16.3 million in the 2005 fourth quarter.
-- 2006 full-year Railway revenues ...