Zegna Results Presentation Deck
FY 2022 GUIDANCE RAISED
Monitoring and adapting to complex environment
Geopolitical turmoil and resurgence of Covid-19 pandemic, especially in China
Dynamic retail, solid order collection and positive pricing for FW22 and SS23
FY22 Revenues Guidance raised: from low-teens to mid-teens revenues growth at actual FX vs 2021
FY22 Adjusted EBIT Guidance raised: from improvement to solid improvement, with an Adjusted EBIT margin in the
range of last year's
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Ermenegildo Zegna Group
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Top line tailwinds to mitigate expected increase in industrial costs and logistics and the step up in listing related
overheads and rebranding costs
Cash surplus increase in the second half
Assuming no further deterioration or geographic extension of the war in Ukraine, a continuing normalization of the
COVID-19 pandemic in Greater China, no significant macroeconomic deterioration and no other unforeseen events.
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