Risk factors for Duni
A number of risks factors may affect Duni’s operations in terms of operational risks and financial risks. Operational risks are normally managed by the operating units and financial risks by the Group Treasury department.
Operational risks
Duni is currently exposed to risks in connection with its business operations. Managing the impact of fluctuations in the prices of raw materials is important for maintaining the Group’s profitability. The development of attractive collections – in particular the Christmas collection – is very important for Duni’s development of sales and results.
Financial risks
Financial risks refer primarily to risks related to exchange rates, interest rates and credit risks. Risk management within Duni is regulated by a financial policy established by the Board of Directors.
The risks for the Group are also relevant for the parent company. A description of risk management for the Duni Group is presented in the 2007 Annual Report.