Cimpress Outlines Growth Strategy with Higher Margins and Deleveraging
Cimpress has outlined its financial targets for fiscal years 2027 and 2028, projecting at least 7% reported revenue growth in both periods. The company aims to achieve $520 million in adjusted EBITDA by the end of fiscal 2027 and raise that target to at least $615 million for 2028. Cimpress is focusing on higher-value customized products such as packaging, labels, signage, apparel, and promotional goods rather than relying on pricing increases. The company also emphasized deleveraging as a key priority, aiming to reduce its net leverage ratio from 2.9 times EBITDA at the end of fiscal 2026 to below 2.0 by the close of fiscal 2028. CFO Sean Quinn highlighted Cimpress' leadership in print mass customization and outlined plans for manufacturing investments that support growth through market share gains, not price hikes. For FY2026 (ended June 30), Cimpress reported $3.7 billion in revenue with a 4% organic constant-currency increase. The company generated $1.7 billion in gross profit and $458 million in adjusted EBITDA but noted that free cash flow was impacted by elevated capital expenditures.
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