Stevia maker PureCircle aims for main market as profits rise
STEVIA ingredients producer PureCircle is set to move to the London Stock Exchange’s main market, after reporting a 78 per cent rise in profits for the year to 30 June 2015.
The firm’s revenue jumped 26 per cent to $127m (£82m).
PureCircle’s increased profitability has been driven by a rise in demand for natural sugar substitutes and consumer and regulatory pressures.
Chairman Paul Selway-Swift said; “Market adoption of stevia continues to develop as consumers seek great tasting sustainable natural solutions to help moderate calories in their product consumption.”