Vistaprint Releases Its Five-Year Plan

“We began fiscal 2011 with a goal to understand our customers better and to look more deeply at our levers for future growth,” said Ernst Teunissen, executive vice president and chief financial officer. “By the end of the year, we had compelling data that convinced us that we have a real opportunity to capitalize now on the current strength of our market position, balance sheet, and scale advantages. By doing so, we believe we can deliver the greatest long-term value to customers, employees and shareholders. We do not take lightly the decision to step up our near-term investments, but we are confident that it is the right thing to do, and now is the right time to do it.”