Argentex and Maxeda DIY Group, the Benelux retailer of the leading brands in home improvement including Netherlands-based Praxis, are delighted to present a joint case study at the DACT Treasury Fair in Amsterdam on 14 March, 2024.
Maxeda DIY Group’s Corporate Treasurer, Kris Wielens, and Argentex’s Head of Partnerships, Axel Piontek, will examine the retailer’s recent shift from fixed forward to FX derivatives contracts to optimise its currency risk management strategy.
Real-world experience navigating FX market volatility
With rising geopolitical tensions, surging interest rates and the looming threat of global economic recession, the EURUSD exchange rate is prone to volatility. Leveraging Argentex’s currency risk management expertise, Maxeda DIY Group adapted its FX strategy to buffer against an unpredictable market and forecast with confidence.
Kris and Axel will discuss:
- How the business has successfully changed its strategy to more effectively manage current FX risks
- Potential upside opportunities for the EURUSD exchange rate
- Insights into the accounting practices employed by the retailer to address fluctuating contract prices
Speakers
Axel Piontek, Head of Partnerships, Argentex
Kris Wielens, Corporate Treasurer, Maxeda DIY Group
We’re looking forward to meeting present and future clients at the DACT Treasury Fair 2024 (14-15 March, Van Der Valk Hotel, Schiphol, Greater Amsterdam, Netherlands).
Get in touch via connect@argentex.com to arrange a time to meet at the event. Or come visit us at stand 49 to participate in our ‘Guess the rate’ competition. Guess the correct EUR/USD exchange rate, to the fourth decimal place, for Monday, 18 March at 4pm and receive a gourmet gift basket worth €200.
