- Cimpress is managing to extract value for shareholders in what’s normally a fairly low growth business.
- It does this through an acquisition strategy that buys cheap and extracts value, resulting in large cash flows.
- These are used to bring back leverage quickly and buying back shares, the number of which is on a considerable downward path.
- This is a well-managed company, in our view.
April 4th, 2018 · No Comments