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原文传递 Great Lakes Dredge & Dock Reports Strong Finish To 2021

题名：	Great Lakes Dredge & Dock Reports Strong Finish To 2021
正文语种：	eng
摘要：	Great Lakes Dredge & Dock Corporation (GLDD) reported a strong fourth quarter of 2021, but its full-year financial results fell short of the previous year's.In the February 16 announcement, the company reported net income of $24.7 million for the fourth quarter, a 133 percent increase over the $10.6 million for same quarter in 2020.Revenue in the fourth quarter of 2021 was $210 million, up $37.9 million from a year earlier. Gross margin percentage was 25.2 percent, compared with 19.4 percent in the fourth quarter of 2020."We ended the year with strong fourth quarter results, which reflects solid project performance resulting in this year's highest quarterly net income and adjusted EBIT-DA [earnings before interest, taxes, depreciation and amortization]," said Lasse Petterson, president and CEO. "As our organization was 100 percent fully vaccinated against COVID-19, with few accommodations at the start of the quarter, we were able to return to normal operations evenwith the emergence of a new strain of the virus in late November. The fourth quarter saw reduced COVID-19 related costs of $0.5 million, a significant decrease over the prior quarter and vessels returned to normal operations. With the ability to increase direct oversight and supervision on projects and on the vessels, we saw overall operational improvements on the majority of our projects."
出版年：	2022
期刊名称：	The Waterways Jouranl
卷：	135
期：	45
页码：	28-28