Great Lakes Dredge & Dock Corporation (GLDD) 2008年年度报告「NASDAQ」.pdf

1、Great Lakes Dredge&Dock CorporationCorporateInformationAnnualMeetingMay6,2009,10:00a.M.RenaissanceHotel,2100SpringRoad,OakBrook,IllinoisInvestorInquiriesForadditionalfinancialdocumentsandinformation,pleasevisitourinvestorrelationswebpageathttp:/ LakesDredge&DockCorporation2122 York RoadOak Brook,Ill

2、inois 60523630 574 37725912_Cov.qxp:Layout 1 3/26/09 7:29 PM Page 1TegraphshowsthecumulativetotalreturntostockholdersofourcommonstockfromDecember27,2006,thefirstdayoftradingofour common stock on the NASDAQ Global Market,throughDecember 31,2008,the last trading day of our 2008 fiscal year,comparedwit

3、hthereturnonboththeNASDAQCompositeIndexandtheRussell2000Index.Tegraphassumesinitialinvestmentsof$100 each on December 27,2006,in GLDD stock(assumingreinvestmentofalldividendspaidduringtheperiod),theNASDAQComposite Index and the Russell 2000 Index.Te Russell 2000Index,which includes Great Lakes,is de

4、rived from companies withmarket capitalization similar to our own.Due to the highly special-ized nature of our primary business and the lack of publicly tradedcompetitors in our industry,we do not believe we can reasonablyidentify either an applicable published industry or line-of-businessindexorcom

5、parablepeergroup.TeBackhoeDredgeNewYork,shownhereandonthecover,playsasignificantroleintheNY/NJHarborwork,whichcomprisesthreeseparatecontracts,asshownbelow.AtrightisclamshellDredgeNo.53.AsbackgroundinthegraphatthebottomofthepageisthetugMcCormackBoys.TesevesselsallcontributetotheNY/NJHarborwork.Letter

6、toShareholders&EmployeesThe year 2008 was very eventful for the Company as well as for thecountryoverall.Giventhechallengesweencounteredduringtheyear,we are very pleased to have achieved revenue of$587 million andEBITDA(earningsbeforeinterest,taxes,depreciationandamortiza-tion)of$55.9millionfortheye