Cereal Planet PLC reported consolidated financial results for the first quarter ended Mar. 31, 2016. For the quarter, the group reported gross profit of €972,000, profit before tax of €427,000 and net profit of €417,000 on sales revenue of €4,349,000 against gross profit of €3,775,000, profit before tax of €2,292,000 and net profit of €2,281,000 on sales revenue of €7,125,000 for the same period of last year. Net cash flows used in operating activities was €205,000 against €334,000 for the same period of last year.