Cereal Planet PLC announced consolidated and standalone earnings results for the fourth quarter and full year ended Dec. 31, 2014. For the quarter, on consolidated basis the company reported sales revenues of €8,432,000 compared to €3,790,000 a year ago. Profit before tax was €2,701,000 compared to loss before tax of €79,000 a year ago. Profit was €2,650,000 compared to loss of €79,000 a year ago. Net cash flows from operating activities were €1,926,000 compared to €177,000 a year ago. Increase in revenues in fourth quarter 2014 was due to increase in cereal trades.

For the year, on consolidated basis the company reported, sales revenues of €25,149,000 compared to €20,270,000 a year ago. Profit before tax was €2,979,000 compared to €636,000 a year ago. Profit was €2,927,000 compared to €508,000 a year ago. Net cash flows from operating activities were €1,988,000 compared to €2,698,000 a year ago.

For the quarter, on standalone basis, the company reported profit for the year from continuing operations of €0 against loss for the year from continuing operations of €121,000 a year ago. Loss before tax from continuing operations was €1,000. Net cash flows from operating activities was €1,000.

For the year, on standalone basis, the company reported profit for the year from continuing operations of €8,000 against loss for the year from continuing operations of €113,000 a year ago.