Zegna Results Presentation Deck
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FY 2022 GUIDANCE
Ermenegildo Ermenegildo Zegna Group
Monitoring and adapting to the complex environment
Macro uncertainties, geopolitical turmoil, and resurgence of Covid-19
pandemic in the Greater China Region
Dynamic retail, solid order collection, and positive pricing for FW22 and
SS23
FY22 Revenues Guidance: mid-teens revenue growth at actual FX vs 2021
FY22 Adjusted EBIT Guidance: solid improvement compared with FY 2021
Despite expected increase in marketing and central costs
Despite unfavorable country mix which may affect our margin
Cash Surplus increase in the second half of the year
Assuming no further escalation or geographic extension of the war in
Ukraine, no further significant macroeconomic deterioration, and a
continuing uncertainty linked to the COVID-19 pandemic in the Greater
China Region, and no other unforeseen events
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