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ECONOMY: Kumulus Vape in the list of “Growth Champions 2020”!

ECONOMY: Kumulus Vape in the list of “Growth Champions 2020”!

Who said the vape market was not in good shape? Either way it doesn't seem to be the case for all businesses! A few days ago, one of the French leaders in e-commerce for vaping, Kumulus Vape announced to be part of the " 2020 Growth Champions »Established by the newspaper Les Echos, in partnership with Statista.


THE KUMULUS VAPE BREAKTHROUGH: A REVENUE MULTIPLIED BY 7,5 IN 4 YEARS!


There is no smoke without fire even if in this case we will obviously talk about vaping! The various investments of the company Kumulus Vape seem to be bearing fruit and a few days ago, the group announced that it was one of the winners « 2020 Growth Champions » established by the newspaper Les Echos, in partnership with Statista.

This ranking, which rewards the 500 French companies having achieved the best growth trajectories between 2015 and 2018, was published on Friday February 7, 2020 in the magazine Weekend Echoes.

With an increase of more than 646% in turnover over the period, i.e. an average annual growth of 65%, Kumulus Vape thus ranks in 37st stance at the national level, all sectors combined, and 3st in the Auvergne Rhône-Alpes region.

« I am proud of this distinction from a leading national economic newspaper, which rewards the work accomplished by our teams since our creation in 2012. In a few years, we have risen to the forefront of the players in vaping. In the coming months, we intend to continue on this dynamic of sustained growth, while continuing to improve our profitability », declares Rémi BAERT, CEO and founder of Kumulus Vape.

source : Boursorama.com/

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Editor-in-chief of Vapoteurs.net, the reference site on the news of the vape. Committed to the world of vape since 2014, I work every day so that all vapers and smokers are informed.

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