Cereal Planet PLC Reports Consolidated and Standalone Earnings Results for the Nine Months and Consolidated Earnings Results for the Third Quarter Ended September 30, 2015
For the nine months, on consolidated basis, the company reported sales revenue of 14,925,000 compared to 16,717,000 a year ago. Profit before tax was 2,775,000 compared to 278,000 a year ago. Profit for the period was 2,756,000 compared to 277,000 a year ago. Net cash flows from operating activities were 903,000 compared to 62,000 a year ago. Payment for purchase of property, plant and equipment was 243,000.
For the quarter, on consolidated basis, the company reported sales revenue of 4,474,000 compared to 7,173,000 a year ago. Profit before tax was 103,000 compared to 251,000 a year ago. Profit for the period was 103,000 compared to 250,000 a year ago. Net cash flows used in operating activities was 1,673,000 compared to cash flows from operating activities of 152,000 a year ago.