Wednesday 13 October 2010

North Ryde. Cochlear's hedging program

Bionic ear manufacturer, Cochlear, which expects to move into its new $130 million global HQ at Macquarie University by year-end, remains confident its elaborate hedging program will help protect it against the soaring Australian dollar as it rolls out its Nucleus 5 implant system offshore. The company generates about 95 per cent of its sales in foreign currency, The Australian Financial Review said.

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