Zegna Investor Day Presentation Deck
2022 GUIDANCE
CONFIRMED PREVIOUSLY COMMUNICATED 2022FY GUIDANCE
17/05/22
GREATER
CHINA
Disruption
assumed to
ease at end of
summer
:)
US &
EMEA
Continue to
strongly perform
(around +30% vs
2021 at Group level,
with stronger US
and Dubai)
KEY ASSUMPTIONS ON 2022 REVENUES
RUSSIA/
UKRAINE
No further
deterioration
or geographic
extension of
the conflict
REVENUES
Low-teens growth (confirmed)
ZEGNA
BRANDED
PRODUCTS
Growing at around
10%, with strong
FW 22 wholesale
orders and double-
digit growth in
Made-To-Measure
THOM
BROWNE
Foreseen at
around
+20% vs 2021
2022 GUIDANCE
TEXTILE AND
THIRD PARTY
BRANDS
Good orders
(>20%
combined vs
2021)
E-COMMERCE
Growth rate >
2x vs Group's
growth rate
Ermenegildo Zegna Group
BY GEOGRAPHY
BY PRODUCT LINE
BY CHANNEL
OPERATIONS
Running at full
capacity (good
industrial fixed
cost absorption)
ADJUSTED EBIT
Improvement compared to 2021 (confirmed)
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