Cereal Planet PLC announced standalone earnings results for the six months and consolidated earnings results for the second quarter and six months ended June 30, 2014. For the six months, on standalone basis, the company reported sales revenues of €8,000 compared to €8,000 a year ago. Operating profit was €1,000 compared to operating loss of €113,000 a year ago. Profit before tax from continuing operations was €1,000 compared to loss before tax from continuing operations of €113,000 a year ago. Profit for the year attributable to equity holders of the parent was €1,000 compared to loss for the year attributable to equity holders of the parent of €113,000 a year ago. Profit for the year from continuing operations was €1,000 compared to loss for the year from continuing operations of €113,000 a year ago. Net cash from operating activities was €1,000 against net cash used in operating activities was €113,000 a year ago.


For the quarter, on consolidated basis, the company reported sales revenues of €4,435,000 compared to €5,147,000 a year ago. Profit before tax was €67,000 compared to €400,000 a year ago. Net profit for the period was €130,000 compared to €400,000 a year ago.

For the six months, on consolidated basis, the company reported sales revenues of €9,544,000 compared to €9,963,000 a year ago. Profit before tax was €27,000 compared to €665,000 a year ago. Net profit for the period was €27,000 compared to €665,000 a year ago. Net cash flows used in operating activities was €90,000 compared to net cash from operating activities of €2,698,000 a year ago.