Zegna Results Presentation Deck
FY 2021 RESULTS - ZEGNA SEGMENT mer ZEGNA SEGMEN Ermenegildo Zegna Group
ZEGNA SEGMENT REVENUES AHEAD OF PLAN*
• Strong revenue growth in Zegna segment (+23% vs
2020A), with revenues exceeding the € 1 billion mark
Adjusted EBIT as % of revenues 10.7% vs Plan* 8% and
improving by +3pp compared to 2019
• Costs normalizing vs 2020 lows (rents, personnel)
• Corporate costs of being a listed entity incurred in late
2021
• 2022 will include full year impact of these costs
Better fixed costs leverage and lower D&A
• Corporate costs are fully allocated to Zegna segment
For the years ended December 31,
Increase/(Decrease)
●
€ million
Revenues
Adjusted EBIT
as % of revenues
2019
1,166
91
7.8%
2020
843
-9
-1.1%
2021
1,035
111
10.7%
2020 vs
2019%
-28%
n.m.
2021 vs
2020 %
23%
n.m.
€ millions
1,400
1,200
1,000
800
600
400
200
€ millions
140
120
2022 Plan *
2023 Plan *
2021 A
ZEGNA SEGMENT ADJ EBIT AHEAD OF PLAN*
100
80
60
40
985
20
2021 Plan *
80
1,082
8%
% of revenues
96
9%
1,179
2022 Plan *
119
10%
1,035
2023 Plan *
111
10.7%
2021 A
2021 Plan *
* The Zegna Group's Plan was published at the time of the announcement of the business combination between the Company and Investindustrial Acquisition Corp. ("IIAC"). The Group's Plan was
14
also disclosed in the Company's registration statement on Form F-4 filed with the SEC (File No. 333-259139), under "Certain Unaudited Zegna Prospective Financial Information," the investor
presentations made available by the Company and IIAC on July 19, 2021, and on September 21, 2021, and the presentation made available to financial analysts on November 23, 2021.View entire presentation