We believe this trend of profitability expansion will continue at Union Pacific, and hence, we have forecast its EBITDA margin to rise from 44.4% in 2012 to 47.7% in 2017, and over 49% by 2020.
We believe this trend of profitability expansion will continue at Union Pacific, and hence, we have forecast its EBITDA margin to rise from 44.4% in 2012 to 47.7% in 2017, and over 49% by 2020.
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