Cereal Planet plc reported standalone and consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the year, on standalone basis, the company reported sales revenue of EUR 40,000 compared to EUR 29,000 a year ago. Operating profit, profit attributable to equity holders of the parent and profit before tax from continuing operations was EUR 8,000 compared to EUR 4,000 a year ago. Net cash used in operating activities was EUR 4,000 compared to net cash flows from operating activities of EUR 4,000 a year ago.

For the quarter, on standalone basis, the company reported sales revenue of EUR 11,000 compared to EUR 21,000 a year ago. Operating profit, profit attributable to equity holders of the parent and profit before tax from continuing operations was EUR 31,000 compared to EUR 3,000 a year ago. Net cash used in operating activities was EUR 4,000 compared to net cash flows from operating activities of EUR 3,000 a year ago.

For the year, on consolidated basis, the company reported sales revenue of EUR 21,557,000 compared to EUR 22,432,000 a year ago. Loss before tax was EUR 264,000 compared to profit before tax of EUR 3,108,000 a year ago. Net loss was EUR 283,000 compared to profit of EUR 3,051,000 a year ago. Loss attributable was EUR 1,931,000 compared to profit attributable of EUR 349,000 a year ago. Net cash flows from operating activities operating activities were EUR 1,382,000 compared to EUR 62,000 a year ago. Payment for the purchase of property, plant and equipment was EUR 194,000.

For the quarter, on consolidated basis, the company reported sales revenue of EUR 6,632,000 compared to EUR 5,715,000 a year ago. Loss before tax was EUR 3,039,000 compared to profit before tax of EUR 2,829,000 a year ago. Net loss was EUR 3,039,000 compared to profit of EUR 2,773,000 a year ago. Loss attributable was EUR 3,508,000 compared to profit attributable of EUR 981,000 a year ago. Net cash flows from operating activities operating activities were EUR 479,000 compared to EUR 1,473,000 a year ago.