In 2008, GDG Environnement became GDG Environment Group, the first environmental and public health company of its kind to go public. This was not only an important event for everyone in that environmental and public health market, it was also one of the most significant milestone our Company has achieved so far," said Jean-Guy Lanouette, Chairman of the board and former CEO of GDG Environnement. "We are pleased to report our financial results for 2008 despite the economical situation of the latter part of the year."

Financial Highlights (GDG Environment Group became public on April 24th, 2008):

• Revenues of $7.7M, up close to 2% compared to $7.6M in 2007;
• Financial charges of $463,057, compared to $82,610 in 2007, due to new capital structure;
• EBITDA of $0,79M, compared to $1.04M in 2007;
• Net profit of $701,000 compared to $512,439 in 2007;
• Earnings per share of $0.01 on common shares;
• As at December 31, 2008, the Company's cash and cash equivalents amounted to $1.162 million compared to $1.014 million as at December 31, 2007.
• As at December 31, 2008 the Company had 59 621 685 common shares and 1 546 450 stock options outstanding where 749 050 are exercisable options.
• GDG Environnement has maintained for the past two years about 65 % of its annual revenues as backlog due to long term contracts representing more than 5 M$ of sales.

Financial Statments 2008.pdf
Management Report 2008.pdf