Zegna Results Presentation Deck
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FY 2022 GUIDANCE
SUCCESSFULLY
Monitoring and adapting to complex environment
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Frmonos
Ermenegildo Zegna Group
egna Group
MOVING FORWARD MORE QUICKLY THAN ANTICIPATED
€ millions GROUP REVENUES AHEAD OF PLAN*
1,600
Dynamic start of the year in retail, solid order collection and
positive pricing for FW22
22 Revenues Guidance confirmed: low-teens revenues growth at
actual FX vs 2021
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Geopolitical turmoil and resurgence of Covid-19 pandemic,
especially in China
Further improvement in Adjusted EBIT over already better-than-
expected 2021 basis
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Higher Cash Surplus
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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
Despite growth related investments (capex mostly in retail,
IT & supply chain)
Lean trade working capital
1,400
1,200
1,000
800
600
400
200
180
160
140
120
100
2021 Plan *
2022 Plan *
2023 Plan *
2021 A
GROUP ADJ. EBIT ONE YEAR AHEAD OF PLAN*
€ millions
200
80
60
40
-4,207 --
20
111
9%
1,342
2021 Plan *
% of revenues
142
11%
1,476
2022 Plan *
173
12%
1,292
2023 Plan *
149
11.5%
2021 A
* 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
21
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