Shares Made Simple: REVISED AND UPDATED 3RD EDITION OF THE NO. 1 BOOK ABOUT THE STOCK MARKET by Rodney Hobson

Author:Rodney Hobson [Hobson, Rodney]
Language: eng
Format: epub
Tags: Business & Economics, Personal Finance, Investing
ISBN: 9780857197108
Google: 8DFjDwAAQBAJ
Publisher: HarrimanHouse
Published: 2018-07-09T20:21:20+00:00

Seasonal sales

Some companies make most of their money in one part of the year or around a specific date. Such companies with seasonal sales and profits will tend to put the worst part of the year into the first half, so they can always hold out the hope of better things to come if early sales slump.

Many obvious examples spring to mind.

Despite the popularity of winter sports among those who can keep their balance on the piste, holiday companies sell the overwhelming majority of their deals for the summer season. It is hard to think of a holiday provider that does not make a loss every winter.

The following table shows the difference between first half trading to March 31 and second half trading to September 30 for holiday company Thomas Cook in 2016–17. Figures in brackets are losses.

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.