The company, which demonstrated superior business performance, was recognised at a gala awards dinner in Dublin on 1 March 2019. This year, 12 new companies join a network of 136 companies that were awarded the status of Best Managed. The Best Managed Companies network this year has total revenues of almost €11 billion, export sales of almost €3 billion and total employment of approximately 44,000 people.
Commenting on the award, Donnacha Neary, SONICA's Managing Director said: "We are extremely proud to have received this recognition from Deloitte and Bank of Ireland. We are now in our 6th year of operation and this award is a tangible marker in the SONICA journey. In our short time operating we have been extremely fortunate to have experienced unprecedented success and steady, sustained growth. This award is a recognition of clarity of vision and purpose that informs the excellence we provide to our Clients every single day.
"The Awards process was developed to recognise Irish businesses operating at the highest levels of performance and followed a rigorous application completed at the end of 2018. It's no exaggeration to say the standards were extremely high. No stone was left unturned as our submission took into consideration the complete performance of the business; looking at not just the finances but at criteria such as operational excellence, strategy, human resources and innovative ways we are changing the conversation in the Irish Commercial Fitout market."
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Anya Cummins, Partner, Deloitte said: "Well done to all of the winning companies on their achievement. The Best Managed Companies process is a rigorous one, examining every facet of an organisation, and the bar is set high by our judging panel. As ever, the spread of companies, right around the country and across a number of industries, underlines the importance of Irish and Northern Irish companies to the economy and in the midst of economic uncertainty, technology disruption, an open competitive market and full employment, the continued strong performance of these businesses is admirable. In the current environment, it is important for this contribution to be recognised, supported and showcased."
Tom Hayes, Chief Executive, Bank of Ireland Corporate Banking added: "It's a challenging time for businesses in general, with the operating environment consistently and rapidly changing, due to technological developments, new ways of doing things, and challenges on the macroeconomic horizon. The Best Managed Companies this year have demonstrated that they can optimise each area of their business while always operating with an acute awareness of their environment, recognising the opportunities of expansion into global markets, in addition to strategic alliances and partnerships. I look forward to their continued growth."
This year's judging panel members were Frank Ryan, Chair of the Judging Panel; Brendan Jennings, CEO, Deloitte Ireland; Tom Hayes, Chief Executive, Bank of Ireland Corporate Banking; Siobhan McAleer, Commercial Director at the IMI; Rose Hynes, Chairman of the Shannon Group Board and Origin Enterprises; and Feargal Mooney, former Chief Executive Officer of HostelWorld.
