On Aug 31, Michel Barnier, the EU’s chief negotiator at the Brexit talks expressed concern over the lack of “decisive progress” on major issues. And this uncertainty on Brexit negotiations has begun to weigh on Britain’s economy and the pound sterling. The pound sterling has lost nearly 7% versus the euro till now this year, mirroring in many ways the fate of these two economies.

Yet, there is a silver lining in the pound’s fall, benefits of which Britain experienced in the early days of Brexit. The pound’s decline led to windfall gains for the country’s exporters which helped to shore up Britain’s economy. Now, even as the economy seemingly struggles, companies exporting products and services stand to benefit from a weaker pound. This is why it makes good sense to pick up such stocks at this point.

Britain, EU Diverge Economically

According to the latest Eurostat estimates, the Eurozone expanded by 2.3% year-over-year during the quarter ended June. This is the sharpest pace of growth experienced since the first quarter of 2011. On an annualized basis, the economic bloc exhibited a 2.6% pace of growth during the second quarter.

In contrast, Britain’s economy expanded at a sluggish 0.3% pace during the same period. Further, the annualized pace of growth for the first half of this year came in at only 1%. The reason for such changed circumstances is not hard to seek. The economic uncertainty unleashed by Brexit is the primary cause of Britain’s economic woes.

British Firms to Gain from Pound’s Pain

Brexit related concerns have also led to a substantial decline in the value of the pound, particularly versus the euro. And this is the one payoff which British companies can look forward to amid the economic gloom. Advantages for companies domiciled in Britain are twofold in this case. First, earnings of exporters of goods and services rise with a decline in the value of the pound.

Second, Britain’s companies have the opportunity to grow their market share in foreign markets by pushing up sales. According to JPMorgan Chase & Co.’s (JPM) asset management division, this can be achieved because British products have become cheaper in foreign currencies. Even though it may be tough to quantify such an outcome, it is already adding to the attractiveness of stocks from Britain, according to the financial major.