Great Lakes Dredge & Dock Corporation (GLDD) 2020年年度报告「NASDAQ」.pdf

1、GREAT LAKES DREDGE&DOCK CORPORATION|2020 ANNUAL REPORT20202020GREAT LAKES DREDGE&DOCK CORPORATIONANNUAL REPORT 202020202020NORTH AMERICAS LEADERFor the last 130 years,Great Lakes Dredge&Dock Corporation has been the leading provider of dredging services in the United States.In addition,the Company h

2、as a long history of performing significant international projects.The domestic dredging market remained strong in 2020 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

3、 its 131st year of operation in 2021,it will be focused on strong project performance on work that will help strengthen the U.S.economy,infrastructure and further support the protection of our U.S.coastlines.This robust market,combined with our diverse fleet,puts the Company in a solid place to cont

4、inue the successes experienced in 2020.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 our shareholders for the coming decades.Photo this page:Cutter Suction Dredge Alaska at the Sabine Pass LNG Termin

5、alSabine Pass,LAFront cover photo:Dredge Texas with Spider Barge 175Charleston,SCGREAT LAKES DREDGE&DOCK CORPORATION|2020 ANNUAL REPORTFINANCIAL HIGHLIGHTS*Discussion and reconciliation of adjusted EBITDA from continuing operations to net income(loss)attributable to Great Lakes Dredge&Dock is includ

6、ed under Item 7 of our 10-K *Diluted earnings per share attributable to income from continuing operations *Net Debt represents outstanding debt less cash(a)Adjusted EBITDA from continuing operations,excluding restructuring,was$109,807 in 2018 and$57,177 in 2017.Net income from continuing operations,