Cimpress plc Provides Consolidated Earnings Guidance for the Fiscal Year 2024
July 27, 2023 at 01:39 am IST
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Cimpress plc provided consolidated earnings guidance for the fiscal year 2024. The company expects consolidated fiscal year 2024 reported revenue growth (assuming recent currency rates) of at least 8%, and organic constant-currency revenue growth of at least 6%, lower than the growth in fiscal year 2023 since the company has passed the anniversary of nearly all pricing increases designed to offset input cost inflation. The company expects expect fiscal year 2024 operating income of at least $205 million.
Cimpress plc is focused on mass customization of printing and related products, via which it delivers volumes of individually small-sized customized orders. Its segments include Vista, PrintBrothers, The Print Group, National Pen and All Other Businesses. The Vista segment includes Vista, the parent brand of multiple offerings, including VistaPrint, VistaCreate, 99designs by Vista, Vista Corporate Solutions, and Depositphotos. The PrintBrothers segment includes its druck.at, Printdeal, and WIRmachenDRUCK businesses. The Print Group segment includes its Easyflyer, Exaprint, Pixartprinting, and Tradeprint businesses. The National Pen segment includes the global operations of its National Pen business, which manufactures and markets custom writing instruments and promotional products, apparel and gifts. The All Other Businesses segment includes two businesses grouped together based on materiality. Its products are marketing materials, business cards, signage, packaging and others.
CIMPRESS PLC 
