Cimpress NV ( (CMPR) ) has released its Q1 earnings. Here is a breakdown of the information Cimpress NV presented to its investors.
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Cimpress NV is a global leader in mass customization, providing a wide range of printing and marketing services primarily to small and medium-sized businesses. The company operates across several segments, including Vista, PrintBrothers, The Print Group, National Pen, and other businesses, leveraging its extensive network of production facilities to deliver customized products.
In its latest earnings report, Cimpress NV announced a strong start to the fiscal year 2026, with revenue growth exceeding annual guidance and significant improvements in profitability. The company reported a 7% increase in revenue compared to the previous year, alongside a record-high adjusted EBITDA for the first quarter.
Key financial highlights include a 5% growth in consolidated gross profit and a notable increase in operating income, which rose by $9.6 million to $49 million. Net income also saw a substantial increase, driven by operating income growth and gains on currency hedges. The Vista segment showed robust performance with a 6% revenue growth, while PrintBrothers and The Print Group each reported a 15% increase in revenue. National Pen and other business segments also contributed positively to the overall growth.
Looking ahead, Cimpress NV reiterates its annual outlook for fiscal year 2026, expecting revenue growth between 5% and 6%, and adjusted EBITDA of at least $450 million. The company remains optimistic about achieving its financial objectives despite potential macroeconomic challenges, with plans to enhance efficiency and profitability through strategic investments and operational improvements.