They won't though will they.
And no, they don't. What I do is secure rates into overseas distribution networks on 60 day agreements, brokering if you will, I now have the choice of operating a loss or not operating at all until i renegotiate.
Well, the one big contract we had for this summer has gone to shit overnight due to the exchange rate.
Everything signed, all production space allocated well in advance, now we go from 8% margins to a 1% loss.
So the quandary is, honour the contract but make an overall loss or terminate the...