KUMULUS VAPE: Consolidated turnover and objectives maintained for the first quarter of 2024

Kumulus Vape, a player in the e-commerce sector specializing in the sale of electronic cigarettes, has published its turnover for the first quarter of 2024, reaching 15.3 million euros. This result marks the company's first consolidated turnover integrating the activity of more than 60 recently acquired stores.

The BtoB sector represents 83.9% of total turnover, generating 12.8 million euros. BtoC, for its part, contributes 1.2 million euros. The boutiques add 1.3 million euros, or 8.3% of the total. Despite a difficult economic context, Kumulus Vape continues to develop and adapt, maintaining its objective of 70 million euros for the year 2024.

CEO Rémi Baert underlines the company's ability to react to macroeconomic challenges, enabling a strong entry into the second quarter. The next publication of results is scheduled for July 18, 2024.