Zegna Results Presentation Deck
FY 2021 Preliminary Group Revenues by Segment: 1H21 vs 2H21
Revenues Growth Remains Double Digit in 2H21 vs 2H20 (+13%), after +50% in 1H21 vs 1H20
ā
ā
1H20 performance was heavily affected by COVID lockdowns and
restrictions in both segments, thus favoring a sharp rebound in 1H21
(+50% YoY)
2H21 Group revenues grew +13% compared to 2H20 on a more comparable
basis.
Zegna Segment revenues increased by +14% vs 2H20 with the brand re-
set gaining underlying momentum
Thom Browne revenues increased by +4% vs 2H20 due to a time shift in
deliveries in 2020A from Q2 to Q3 due to Covid, while shipments were
back to normal schedule in 2021 (ie 2Q 21). A solid portfolio of scheduled
shipments to Wholesale accounts in Q1 2022
(Euro thousands in Actual FX)
Revenues
- Zegna segment
- Thom Browne segment
- Eliminations
(Euro thousands in Actual FX)
Revenues
Ermenegildo Zegna Group
- Zegna segment
- Thom Browne segment
- Eliminations
1H21
603,340
465,899
142,553
(5,112)
2H 21
PRELIMINARY
689,062
569,276
121,513
(1,727)
1H20
402,386
342,324
63,198
(3,136)
2H20
612,347
500,994
116,596
(5,243)
2H21 Preliminary revenues are unaudited. The audit will be finalized at time of 2021 Financials approval. Zegna Segment includes Zegna branded products, Textile, Strategic Alliances, Agnona and Other.
A% vs 1H20
+50%
+36%
+126%
n.m.
4% vs 2H20
+13%
+14%
+4%
n.m.
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