Group CFO Statement
Andreas Giannitsaros FCCA
CFO, SONAN Group Ltd

Dear All,

At Sonan, we strive to be a leading trading company and provide the best quality services to our customers, acting as a true agent of development. To do this, we have set strong and ambitious financial metrics to ensure the Group can deliver the quality of service our customers and suppliers have come to expect. 

As well as upholding our core values of social responsibility, transparency and a commitment to excellence, we have seen another strong period of growth in revenue and profit metrics with underlying EBITDA in excess of expectations. This is despite the uncertainty caused by Covid-19 and the Russian conflict in Ukraine during the first half of 2022. 

During the year, the Group also significantly increased its finance facility, ensuring that sufficient liquidity remains available for the Group to pursue all of its strategic objectives. Our mission continues to deliver the best energy solutions to our worldwide customer base in a cost-effective, transparent and sustainable way. And thanks to the momentum achieved in 2022, we feel positive that longer-term objectives will also be met. 

Our strategy will be active going forward, trying to adapt to the various market changes, renewals requirements, and environmental focus on our operations. We hope that you can join us on this exciting and innovative journey. 



Worldwide Offices

Ground Floor,
10 Coldbath Square
London EC1R 5HL,
United Kingdom

T: +44 203 142 0020
E: [email protected]
Vouliagmenis Ave 84
& V. Georgiou 17,
Voula 166 73,

T: +30 211 199 6182
E: [email protected]
World Trade Center,
Beursplein 37, 3011 AA,
3rd floor, Room 3.03
Rotterdam, Netherlands

T: +31 78 303 1390
E: [email protected]
Grundingen 6,
0250 Oslo,

T: +47 22 55 15 55
E: [email protected]
Rio de Janeiro
Rua da Quitanda
52 -1002,
CEP 20.011-030 Centro

T: +44 203 142 0020
E: [email protected]
46 Kim Yam Road
01-12 The Herencia
Singapore 239351

T: +44 203 142 0020
E: [email protected]
Office No. M02
National Bank of Umm Al Quwain Building,
Khalid Bin Al Waleed Street,
Al Hamriyah, Bur Dubai, U.A.E.

T: +44 203 142 0020
E: [email protected]