Cimpress first-quarter shows slight growth

GaryPageau

Cimpress plc reported first-quarter fiscal 2023 sales were 7% to $703.4 million, compared to $657.6 million for the same quarter last year. The organic constant-currency revenue growth was 14%, driven by growth across all businesses and markets through increased pricing and customer demand, the company said.

Top-Line Details

Segment Information

The National Pen segment generated revenues of $81.7 million, up from $69.3 million in the prior-year quarter. Vistaprint — the largest revenue-generating segment — reported aggregate revenues of $369.4 million, up from $349.5 million in the year-ago quarter.

The Upload and Print segment’s revenues increased to $209.4 million from $198 million. The segment consists of two subgroups (PrintBrothers and The Print Group). PrintBrothers’ revenues increased to $132.7 million from $125.4 million. The Print Group generated revenues of $76.8 million, up from $72.8 million. Revenues from All Other Businesses increased to $51.8 million from $47.9 million.

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Gary Pageau is principal of InfoCircle LLC, continuing his marketing communications career. InfoCircle LLC is a marketing and communications consulting firm, specializing in business-to-business markets. For nearly 25 years, he was with PMA International, serving most recently as Publisher, Content Development and Strategic Initiatives. His primary responsibilities included overseeing the Association’s editorial department, marketing research unit, education and corporate relations department.