Over half of the companies who responded to the 2018 Barometer (52%) do not have a hedging strategy in place. 63% of respondents working for companies with ˂ €1m total annual revenue have not identified the risks and exposures to currency fluctuations as a result of Brexit
This training aims to provide practical advice to 15 SMEs in the agri-food sector on addressing currency risks and designing a Foreign Exchange Strategy, they will be better prepared for buyer negotiations and new business opportunities. Companies that have completed Bord Bia’s Brexit Barometer will be prioritised.
It’s foreseen the programme will follow the below outline:
Opening Group Session:
Date: 14th September 2018, 10.00 - 12.00
Location: Bord Bia, Dublin 2
Two hour session covering FX hedging techniques, types of exposures and areas of impact. Also how to develop a treasury policy and manage currency risk.
Individual mentoring (3 hours)
Date: Week commencing September 17th
Each company will receive an individual bespoke three hour consultation reviewing policy, strategy, benchmarking and other aspects of Treasury management and risks related to non-Eurozone trade.
Only participants that can participate in all sessions will be accepted onto this programme.
Deadline for applications is Wednesday 29th August, 5pm.
Register here for Currency Risk Training 2018