(Boursier.com) — For the 1st half of 2022, the turnover of Kumulus Vape amounted to 24.8 million euros, up +51% compared to the 16.4 ME recorded over the same period last year. This solid, entirely organic performance is all the more remarkable in that it comes on an already demanding basis of comparison, with growth of nearly 76% recorded in the first half of 2021.
Over the first 6 months, Kumulus Vape’s sales already represent nearly 72% of sales for the whole of 2021, confirming the company’s solid performance trajectory.
With a turnover representing 75% of that achieved in 2021, the BtoB activity (sales to specialized shops) confirms, once again, its performance with a turnover of 22.2 ME, up 57% compared to the 1st half of 2021. The strengthening of penetration with resellers throughout the territory, such as the increased digitalization of the logistics platform, are at the heart of this strong growth. On the BtoC market (online sales to individuals), activity was also very dynamic with a turnover of 2.6 ME, up 13% compared to the 1st half of 2021.
Outlook
On the occasion of the publication of its activity for the 1st quarter, Kumulus Vape had set a turnover target of 42 ME, already revised upwards for the first time compared to the 40 ME initially announced for the year. 2022. With this successful and perfectly oriented first half, the company is now confident in its ability to exceed this objective. The cap of 45 ME in turnover is thus now set for the whole of the 2022 financial year, despite the uncertainties about the evolution of economic and health conditions for the coming months. This confidence is reinforced by the current excellent level of activity and the level of orders expected for the second half of the year.
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