Zegna Results Presentation Deck
FY 2022 GUIDANCE UPDATE
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Ermenegiliko Ermenegildo Zegna Group
Despite the significant headwinds from the Greater China Region, for FY 2022 the Group expects a moderate improvement in
Adjusted EBIT and a substantial improvement in Profit compared to 2021
The Group continues to expect an increase in Cash Surplus in the second half of 2022
Medium-term targets remain unchanged as Zegna continues to focus on executing its strategy, targeting €2 billion in revenues
and 15% Adjusted EBIT margin in the medium term*, as disclosed at our CMD on 17 May, 2022.
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Assuming no further future escalation of the war in Ukraine, no significant macroeconomic deterioration, no
further disruption linked to the COVID-19 pandemic in the Greater China Region or elsewhere, and no other
unforeseen events.
* Excluding the impact of the Tom Ford fashion business transaction announced on 15 November, 2022
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