Acquisitions Drive Genesee & Wyoming Inc's Revenue Higher

Acquisitions Drive Genesee & Wyoming Inc's Revenue Higher

During the second quarter Genesee & Wyoming (NYSE: GWR) closed two acquisitions, which, when combined with other recent transactions, helped drive revenue growth. Meanwhile, the company's underlying profitability also improved, thanks to those deals as well as a turnaround in its U.K./Europe business, though higher interest expenses and taxes masked that improvement for the time being.

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Q2 2017

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Source: Fool.com