Financial risk management.
The Moelven group is exposed to several types of financial risk in its activities.
The main objective of the group's financial policy is to ensure a predictable and cost-effective financial framework for industrial operations and to minimise the potential negative effects that unforeseen events in the financial markets might have on the group's cash flow.
The financial policy is based on the basic assumption that it is the industrial activities rather than financial transactions that shall create the basis for profitability.
Financial risk management is handled by the group's central finance department in collaboration with the various operational units.