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      • Native Language:
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    #1

    The company breaks at.....

    Please, please, help...
    Taken from The Economist 2008
    According to the accounts of Jerome Frantz, director-general of Frantz Electrolyse, a family-owned car-parts firm in the suburbs of Paris, daily sales in October averaged €40,721, 25% lower than the average for the first six months of 2008. The company breaks even at €45,000 a day and, ominously, one of its suppliers just went bust.....
    Please, can anybody explain what that means????
    Thank you very much KP

  1. bhaisahab's Avatar
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      • England
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      • Ireland

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    #2

    Re: The company breaks at.....

    To 'break even' means to be in a no profit no loss situation.

    • Member Info
      • Native Language:
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    #3

    Re: The company breaks at.....

    Bhaisahab!
    Thank you very much for your help!

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