In a few years, Kumulus Vape has become a key player in the vaping market! Work, ambition and hope, the company specializing in the sale of vaping products has just confirmed the acceleration of its growth and the rise of its model in another record year.
Who can stop the spiral of growth of Kumulus Vape ? Today the site Boursier.com tells us that the company confirms the acceleration of its growth and the ramp-up of its model in another record year. This performance is all the more remarkable since it is part of the exceptional context of the health crisis. It demonstrates the company's ability to build on its long-term growth path despite the ups and downs of the economy.
Over the full year 2020, Kumulus Vape recorded a turnover of 22,5 million euros, up + 113,2% compared to 2019. The company is thus perfectly online. with the target of 22 ME set in November 2020, following an upward revision of a first target of 20 ME posted mid-year.
The turnover achieved in 2020 also exceeds by more than 46% the ambition displayed when joining Euronext Access in May 2019. This execution of the roadmap, beyond the commitments made to investors, is a strong marker of the company's values.