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.”