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CEO: PureCircle cash flow positive in first half for the first time

Magomet Malsagov, chief executive of PureCircle (LON:PURE), says the natural sweetener provider was cash flow positive during the first half of its fiscal year for the first time.

Malsagov believes this is “largely to do with the fact that our margins have increased significantly”, while health-conscious consumers have also driven demand further.

He adds that this milestone is particularly impressive given that sales are usually skewed towards the second half of the year and sees the firm pushing on from this and continuing to grow over the next three years.

 
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