Progress on sale process for Industrial Specialties business and CTO refinery reaching an advanced stage, with an update expected soon.
Ongoing internal review of the entire portfolio focusing on strategic fit and value creation, with a comprehensive investor update planned for late 2025 or early 2026.
Work involves assessing core competencies and financial profiles to determine optimal ownership and growth opportunities, including potential expansion into process purification within Performance Materials.
Strategic Transition to Elevated Products and High-Value Customers
Cimpress is undergoing a major transition from legacy products like business cards to higher-value categories such as packaging, promotional products, apparel, and signage.
This shift dilutes near-term growth and margins but is expected to lead to higher lifetime value and steady future growth.
Investments in manufacturing, design enablement, technology, and customer experience are aimed at capturing this opportunity.
Strategic Reshoring and Footprint Optimization with $30 Million Cost Savings in 2025
Management highlighted ongoing footprint restructuring projects, including eliminating six rooftops, with a total savings of approximately $30 million reflected in 2025 accounts.
Timing of benefits realization is complex, with most savings expected to materialize in 2026 and 2027.
CapEx is expected to increase in Q3 to support these projects, with a full run rate anticipated by 2027.
Dafinchi