When Melecs, one of Europe’s largest independent electronics manufacturers, paid suppliers in USD while generating 95% of sales in EUR, currency fluctuations created significant pricing and margin risk. Managing this exposure internally after a management buyout required a more strategic FX approach.

With Convera’s support, Melecs implemented a rolling hedging strategy combined with forward contracts* - providing cost certainty while maintaining flexibility to respond to market shifts.

Key outcomes included:

• Reduced FX volatility on the balance sheet from ~5% to 1–2%
• Improved pricing stability despite USD-EUR fluctuations
• Tailored hedge amounts aligned to real cash flow needs
• Proactive strategy reviews to balance risk and opportunity

Discover how a rolling hedging strategy can protect margins and bring predictability to your FX exposure.

* Convera’s hedging products are derivative financial instruments which may expose you to risk should the underlying exposure you are hedging cease to exist. They may be suitable if you have a high level of understanding and accept the risks associated with derivative financial instruments that involve foreign exchange and related markets. If you are not confident about your understanding of derivative financial instruments, or foreign exchange and related markets, we strongly suggest you seek independent advice before making the decision to use these instruments.