At the heart of an increasingly complex and competitive market, certain companies such as Kumulus Vape manage to hold their own. After a pivotal year 2021, Rémi Baert, Chairman and CEO and founder of Kumulus Vape is now aiming for a turnover of 40 M€ for 2022.
KUMULUS VAPE, A STRONG GROWTH IN RESULTS
Rémi Baert, Chairman and CEO and founder of Kumulus Vape is proud of the success of his business. On the occasion of the publication of these results, he declares: « 2021 will have been a pivotal year for the Company with our transfer to Euronext Growth, but also decisive progress in our business plan. Structuring progress has been made, whether in terms of organization, enrichment of our offer or social and environmental commitment. This is reflected in the financial performance for the year and puts us in a strong position to continue to take advantage of the tremendous opportunities in our markets. We are therefore approaching 2022 with solid confidence and a new growth objective: to cross the milestone of €40 million in turnover. An objective that will have to be achieved with constant attention paid to the evolution of our margins. The way is traced: it is up to us, again this year, to succeed! ».
In 2021, Kumulus Vape closed its financial year with a turnover of €34,5 million, up 53% compared to 2020. After this successful new year, Kumulus Vape confidently confirms its target of €40 million in turnover for the year 2022. The good orientation of the activity at the beginning of the financial year reinforces this objective.
