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Managing Financial Risk in the Face of Uncertainty

by Jacqui Drew, Senior Solution Consultant, Reval

Sunday 17 June saw Coca-Cola Hellenic’s entire treasury team gathered in the office waiting for the result of the crucial Greek general election, which many observers had billed as a referendum on the country remaining in the Eurozone. If the anti-bailout parties won, the team would start executing changes immediately.

In the end the pro-bailout parties won and the fears of an imminent Greek exit receded. However, Coca-Cola Hellenic, like many other companies, continues to face the challenge of identifying and managing risks - from commodity volatility to interest rate and foreign currency risk.