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Kumulus Vape SA ( (FR:ALVAP) ) has provided an update.
Kumulus Vape SA reported a slight decline in its 2024 revenue to €60.8 million amid a challenging economic environment that pressured household consumption and increased competition. The company plans to achieve a revenue target of €62 million for 2025, focusing on strategic initiatives such as new distribution agreements, strengthening its own brands, automating logistics, and expanding its franchise network to bolster its market position and operational efficiency.
More about Kumulus Vape SA
Kumulus Vape SA is an e-commerce company specializing in the sale of electronic cigarettes and related products, including equipment, e-liquid, and accessories. The company focuses on both BtoB and BtoC markets, with a significant portion of its revenue generated from wholesale activities. Kumulus Vape has also expanded into physical retail through its Cigaverte branded stores.
YTD Price Performance: 5.58%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €15.88M
For detailed information about ALVAP stock, go to TipRanks’ Stock Analysis page.