Zegna Results Presentation Deck
Ermenegildo Zegna Group
FY 2021 Preliminary Group Revenues by Product line: 1H21 vs 2H21
2H21 growth led by Zegna branded products consistent performance, Textile restart, Thom Browne impacted by a
different scheduled timing in Wholesale shipments vs 2020 A
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2H21 Zegna branded products revenues remained sustained at +22% vs
2H20A
Thom Browne growth +4% in 2H21 vs 2H20A with different shipments'
timing compared to 2020A
Strong wholesale deliveries in Q2 2021 (as opposed to deliveries
that were shifted from Q2 to Q3 in 2020A)
Scheduled strong shipments in Q1 2022
Textile Revenues +35% in 2H21 vs 2H20A, as the business restarted after
COVID-related slowdown. Tessitura Ubertino has been consolidated from
June 2021
Agnona product line business has been disposed and de-consolidated
starting from January 2021
1. Zegna branded products include apparel, bags, shoes and small and large leather goods, as well as licensed goods
and royalties
Revenues are after eliminations
2H21 Preliminary revenues are unaudited. The audit will be finalized at time of 2021 Financials approval
(Euro thousands in Actual FX)
Revenues
- Zegna branded products ¹
- Thom Browne
- Textile
- Strategic Alliances
- Agnona
- Other
(Euro thousands in Actual FX)
Revenues
- Zegna branded products 1
- Thom Browne
- Textile
- Strategic Alliances
- Agnona
- Other
1H21
603,340
376,182
142,219
44,478
32,901
323
7,237
2H 21
PRELIMINARY
689,062
471,129
121,178
57,766
42,056
868
(3,935)
1H20
402,386
250,705
62,986
44,854
34,546
3,584
5,711
2H20
612,347
385,773
116,504
42,761
47,727
8,805
10,777
4% vs 1H20
+50%
+50%
+126%
(1%)
(5%)
(91%)
+27%
4% vs 2H20
+13%
+22%
+4%
+35%
(12%)
(90%)
n.m.
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