VAT

IFBC was engaged by the VAT Group to review the current structure of currency risk management in line with best practice. The focus of the review was on the determination and analysis of the cashflow-based FX exposures, the identification of measures to reduce FX exposures in the balance sheet affecting the income statement as well as the assessment of the established hedging process. The VAT Group is a global leader in the development and manufacturing of vacuum valves, multi-valve modules and metal bellows. The Group is listed on the SIX Swiss Exchange since April 2016.