Cereal Planet PLC reported consolidated and standalone earnings results for the first quarter ended March 31, 2015. For the quarter, on consolidated basis, the company reported sales revenue of €7,125,000 compared to €5,109,000 a year ago. Profit before tax was €2,292,000 compared to loss before tax of €40,000 a year ago. Profit for the period was €2,281,000 compared to loss for the period of €103,000 a year ago. Cash flows used in operating activities was €334,000 compared to cash flows from operating activities of €179,000 a year ago.

For the quarter, on standalone basis, the company reported sales revenue of €29,000 compared to €8,000 a year ago. Operating loss was €24,000 compared to operating profit of €1,000 a year ago. Loss before tax continuing operations was €24,000 compared to profit before tax continuing operations of €1,000 a year ago. Loss for the year continuing operations was €24,000 compared to profit for the year continuing operations of €1,000 a year ago. Loss for the year attributable to equity holders of the parent was €24,000 compared to profit for the year attributable to equity holders of the parent of €1,000 a year ago.