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.