One of the mysteries of the English language finally explained.
Reach a point in a business venture when the profits are equal to the costs.‘the firm will break even at the operating level this year’
- ‘The business was just about breaking even in January, with sales up 20 per cent on the previous year.’
- ‘But in the most recent quarter it barely broke even, reporting operating profit of just $5 million on sales of $1.1 billion.’
- ‘The scheme broke even in its first year and its turnover last year was over €3 million.’
- ‘He said revenues from the deals meant the loss-making firm would not have to seek new funding before it breaks even next year.’
- ‘The business is barely breaking even, and it's going to take extensive promotion and careful management to improve its performance.’
- ‘Even in a growing economy, it takes five to seven years before a magazine breaks even or turns a profit.’
- ‘At the time, analysts said that the company needed to show that it was on the road to breaking even - not just that the management team was confident it would break even.’
- ‘This year the company produced 300 motorcycles and came close to breaking even.’
- ‘By eliminating the extras, we were able to trim our costs and start breaking even fairly quickly.’
- ‘The company I work for has 5 divisions and two lose money, one breaks even and two carry the company.’
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