Vistaprint Reports Double-Digit Growth, Releases Five-Year Plan

VENLO, NETHERLANDS—July 28, 2011—Vistaprint N.V., a leading online provider of professional marketing products and services to micro businesses and the home, announced financial results for the fourth quarter and fiscal year ended June 30, 2011.

Fourth quarter 2011 results:

• Revenue grew 27 percent year over year to $208.8 million.
• Operating income was $17.0 million, a 22 percent increase.
• GAAP net income totaled $14.4 million, a 24 percent increase.

Fiscal year 2011 results:

• Revenue grew 22 percent year over year to $817.0 million
• Operating income was $93.1 million, a 21 percent increase.
• GAAP net income was $82.1 million, a 21 percent increase.

“We are pleased to have just delivered another quarter and another fiscal year of healthy revenue and earnings per share growth,” said Robert Keane, president and chief executive officer. “We achieved solid financial and operational results, with record new customer additions, increased revenue from existing customers, continued geographic expansion, and healthy growth across our businesses. We also delivered outstanding free cash flow growth, which illustrates the power of our operating model during a year in which we made fewer capital expenditures. We also began to execute on several growth initiatives that we believe will better position us to capture more of our large market opportunity and drive competitive advantage.”