1、GREAT LAKES DREDGE&DOCK CORPORATION2019A N N U A L R E P O R T2019 ANNUAL REPORT|NORTH AMERICAS LEADERFor the last 129 years,Great Lakes Dredge&Dock Corporation has been the leading provider of dredging services in the United States.In addition,the Company has a long history of performing significan
2、t international projects.The domestic dredging market remained strong in 2019 with continued focus around port deepening projects on the East and Gulf Coasts and coastal protection projects,which include renourishment of coastal beaches.As the Company enters its 130th year of operation in 2020,it wi
3、ll be focused on continued financial success with projects that help strengthen the U.S.economy,infrastructure and further support the protection of our U.S.coast lines.This robust market,combined with our diverse fleet that includes the game changing trailing suction hopper dredge Ellis Island and
4、the newly acquired Dredge 58,the largest clamshell dredge in the US fleet,puts the Company in a solid place to continue the successes experienced in 2019.The Company looks forward to continuing to provide quality work to our clients,a safe work environment for our employees and a positive return for
5、 our shareholders for the coming decades.Clamshell Dredges No.55,No.54,No.53,and Backhoe Dredge New York work to deepen the Jacksonville River,Florida2019 ANNUAL REPORT|FINANCIAL HIGHLIGHTS(In thousands,except per share amounts)20192018201720162015Revenue$711,518$620,795$592,159$637,468$681,255Adjus
6、ted EBITDA from continuing operations*(a)$135,590$100,419$35,195$78,662$100,134Income(loss)from continuing operations(a)$55,668$(11,015)$(15,366)$542$14,694Diluted(loss)earnings*$0.86$(0.17)$(0.25)$(0.01)$0.24Total assets$897,552$730,271$832,357$893,588$898,124Net debt*$135,848$298,992$413,502$380,3