XBP Europe (XBP) - 2024 Q3 - Quarterly Results

Exhibit 99.1 COXBPEUROPE XBP Europe Holdings, Inc. Reports Third Quarter 2024 Results November 12, 2024 Third Quarter Highlights ● Revenue of $35.4 million, decrease of 5.6% year-over-year and increase of 5.5% sequentially ● Gross margin increased to 32.6%, a 800 bps increase year-over-year and 1,300 bps increase sequentially ● Operating profit of $2.5 million, an increase of $2.2 million year-over-year and $3.8 million sequentially ● Net loss of $2.8 million includes $0.7 million of FX losses, a decrease o ...