ECONOMY: Kumulus Vape confirms its ambitions and presents itself as a heavyweight of the vape!

ECONOMY: Kumulus Vape confirms its ambitions and presents itself as a heavyweight of the vape!

We must believe that the year 2020 is not catastrophic for all traders! For the third quarter of 2020, sales of Kumulus Vape stood at 6,3 ME, up 136,6% compared to the same period last year. A figure which confirms the great ambitions displayed by the vaping specialist!


GROWTH AT THE CURRENT OF THE GENERAL ECONOMY!


The crisis is not for everyone! Indeed, the vaping specialist, Kumulus Vape currently showing exceptional figures! For the third quarter of 2020, Kumulus Vape's turnover amounted to E6,3 million, up 136,6% compared to the same period last year. The company is once again demonstrating the strong resilience of its model with remarkable growth despite the general economic situation which is still deteriorating.

Cumulatively, the turnover reached 15,6 ME, and more than doubled compared to the same period of 2019. Kumulus Vape therefore exceeded in just nine months the annual target of 15 ME which had been set during its IPO in May 2019.

The company had set a new target of 20 ME, itself will be exceeded and Kumulus Vape is now announcing a new target of 22 ME in turnover, ie an expected growth of 107,5% over the year.

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