Boskalis describes mixed and uncertain outlook

Describing 2008 as the best year in its history, Peter Berdowski, CEO of Royal Boskalis Westminster, said the company was “able to reap the fruits of the strategy we pursued in previous years.”

“However,” said Berdowski in a statement issued to coincide with the release of the company’s results for 2008, “2008 was also a year with two faces. A year in which the first half was characterized by boisterous market growth, while the final quarter saw the global economic stage – and with it the landscape of the dredging industry – change drastically.”