Persistent inflation in Germany has once again brought the hedging of inflation risks by German companies into sharper focus. It is reasonable to assume that inflation will remain high, at least in the near future.

Following the podcast with Dr Volker Anhäuser (Episode 50 – Treasury Talk! Hedging against inflation risks, 12 May 2026) Today, we would like to take a look at how this works in practice and, using Fressnapf Holding SE as a case study, demonstrate how treasurers can manage inflation risks. According to its own information, the Fressnapf Group is the European market leader in pet supplies and has been hedging against inflation risks for several years now.

Holger Winterfeld is Vice President of Treasury at Fressnapf Holding SE.

Sabine Paulus is Editorial Treasury Manager for the Equity & Debt and Risk Management departments at VDT e.V.

Have a listen now.

Note regarding the podcast content