Great Lakes Dredge & Dock Corporation (GLDD) 2018年年度报告「NASDAQ」.pdf

1、GREAT LAKES DREDGE&DOCK CORPORATION|2018 ANNUAL REPORTGREAT LAKES DREDGE&DOCK CORPORATION2018ANNUALREPORTNORTH AMERICAS LEADERFor the last 128 years,Great Lakes Dredge&Dock Corporation has been the leading provider of dredging services in the United States.The Company is also the only U.S.contractor

2、 with an international presence,having worked internationally for over two decades.During 2018,the domestic dredging market experienced a boom of activity mainly focused around port deepening projects on the East and Gulf Coasts.As the Company enters its 129th year of operation in 2019,it will be de

3、epening a record five ports over the next year.This solid market,combined with our recently completed asset rationalization and cost savings program,puts the Company in a solid place to continue the successes experienced in 2018.The Company looks forward to continuing to provide quality work to our

4、clients,a safe work environment for our employees,and a positive return for our shareholders for the coming decades.2018 ANNUAL REPORT|PAGE 1MSCIP Comprehensive Barrier Island Restoration PlanU.S.Gulf of Mexico,Offshore of Gulfport MississippiFINANCIAL HIGHLIGHTSIn thousands,except per share amounts

5、20182017201620152014Revenue$620,795$592,159$637,468$681,255$697,712Adjusted EBITDA from Continuing Operations*(a)$100,419$35,195$78,662$100,134$81,751Income(loss)from Continuing Operations(a)$11,015$(15,368$542$14,694$26,258Diluted(loss)Earnings*$0.17$(0.25$0.01$0.24$0.43Total Assets$730,271$832,357

6、$893,588$898,124$888,725Net Debt*$298,992$413,502$380,380$337,364$274,927The historical environmental&infrastructure segment has been retrospectively presented as discontinued operations and is no longer reflected in continuing operations.*Discussion and reconciliation of adjusted EBITDA from contin