9 August 2023
Cimpress(Vistaprint) Sales and Profits Up
Vistaprint's plant in Windsor Ontario and their largest in North America
Vistaprint's plant in Windsor Ontario and their largest in North America
Cimpress (patent company of Vistaprint) revenue was up 6.65% to $3.08bn , while adjusted EBITDA improved to $340m from $281m the prior year. Vista, the biggest business, grew sales by 6.5% to $1.61bn, while its EBITDA was $224m. The Upload & Print division, which includes Tradeprint, was almost $1bn and posted sales of $925m, up $69m year-on-year.
Vistaprint is Cimpress's largest division
Vistaprint is Cimpress's largest division
EBITA increased from $125m to $131m. Cimpress also spent $90.8m interests in its PrintBrothers operations in Germany. National Pen, which was badly hit by the pandemic, posted sales up just 0.7% at $366m, while EBITDA fell by $3m to $24m. BuildASign sales increased by $5m to $187m while EBITDA slipped from $31m to $28m.
 
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Rick says:
Is this good or bad for all NON-Epson printers?...
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