
The company recorded sales of US$170.5m (A$171m) for the three months ending 30 September, up 18% from US$145.1m last year.
Operating income for the quarter stood at US$12.3m (A$12.3m), which represented a 14% drop from US$14.4m in last year’s corresponding quarter.
Vistaprint Asia Pacific managing director Mike Ewing (pictured) told ProPrint that the company was preparing for a “pretty big quarter” off the back of Christmas sales such as cards and calendars.
“As a result we usually have a large spike in business,” he said.
The North American market accounted for 59% of the company’s overall revenues, while the European market accounted for 36% and the Asia Pacific 5%.
Ewing would not be drawn on exactly what proportion of its Asia-Pacific sales were accounted for by the Australian market, though emphasised that the local market was important to the company.
“We are in Australia for a reason; it’s our largest market in the Asia-Pacific region,” he said.
Ewing added that he was “excited about the progress we are making here”, as the company’s non-US markets grow at a faster pace than its core US-based market.
The non-US sector posted a 23% year-on-year rise in sales, and accounted for 43% of the company’s total revenues, up from 41% last year.
Vistaprint acquired roughly 1.6 million customers worldwide over the quarter. The daily order volume stood at 54,000 with an average order value of US$34.69 (A$34.79).
Vistaprint chief executive Robert Keane said: “We are encouraged by these results; however, we believe we have a lot more work to do, organisational evolution to come and investments to make to ensure that Vistaprint remains a high-growth company for the foreseeable future.”
For an extended interview with Mike Ewing discussing the company’s plans for the Australian market, grab a copy of the December issue of ProPrint, out next month.
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