Case Study: engcon achieves stable FX exposure and protects profits with Caxton

engcon - Customer Case Study

engcon, the world's leading manufacturer of excavator tiltrotators, faced challenges with the volatility of the foreign exchange market. As a global company with sales across Europe, fluctuations in currencies like the Swedish Krona made future financial planning difficult and exposed their profits to risk. They sought the expertise of Caxton to find a solution to manage this exposure.

Caxton devised a dedicated foreign exchange plan to guarantee engcon's exchange rates and limit their market exposure. This solution, supported by a dedicated account manager and expert guidance, allowed engcon to focus on daily operations and expand its business internationally with greater financial stability. The vendor's service protected engcon's profits and provided a stable cashflow, enabling the group to successfully manage its significant international sales.

engcon