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Management of financial risks

As a global business, Feintool is exposed to various general and industry-specific risks. A comprehensive analysis of possible risks and assessment of their manageability are therefore essential prerequisites when making important business decisions.

Financial risk management is based on the directives approved by the Board of Directors and Group Management. Besides standards for general financial risk management, they include standards for specific areas of management of liquidity, interest rate, exchange rate and credit default risks, for the use of derivative financial instruments and for capital procurement, and the strategy on investing surplus liquidity. Capital procurement within the Group is mostly undertaken on a centralized basis.

 

For further information on financial risks, please see our most recent annual report.