Case Study: Dulevo Fayat Group saves €50,000 annually in FX costs with Kantox

How the Dulevo Fayat Group Saved €50,000 Annually in FX Costs with Kantox

Dulevo Fayat Group, an Italian manufacturer of cleaning machines and part of the Fayat Group, was managing foreign exchange exposure manually and reactively from a small central treasury team. With around 10% of turnover in US dollars, the company needed a better way to protect margins from FX volatility, reduce the time spent on Excel-based processes, and lower bank commission costs. Kantox provided its Dynamic Hedging® solution to address these challenges.

Using Kantox’s automated, customized micro-hedging setup, Dulevo moved away from subjective spot-based FX management to a system tailored to its business needs and orders. The implementation took about one month and has since delivered about €50,000 in annual FX cost savings, eliminated volatility concerns, and saved roughly one hour per day in manual work, or around 200 hours per year.

Dulevo Fayat Group

Andrea Dioni

Chief Financial Officer