Zegna Results Presentation Deck slide image

Zegna Results Presentation Deck

3Q 2022 and 9M 2022 GROUP REVENUES: HIGHLIGHTS Ermenegildo Zegna Group Tridene Revenues of €1,086 million in 9M 2022, +22.9% y-o-y Revenues of 357 million in 3Q 2022, +27.5%, from + 16.3% in 2Q 2022 and + 25.4% in 1Q 2022 ● In 3Q, double-digit growth in all segments, product lines, channels, and geographies (with the exception of GCR, up by 3% y-o-y) Both segments growing by double-digit y-o-y ● Zegna segment +21.5% in 9M, accelerating in 3Q at +27.2% from + 18.7% in 1H 2022 Thom Browne segment +30.1% in 9M, steady in 3Q at +29.5% All regions positive ● Revenues excluding GCR strong in Q3 at +44.0% compared with 2Q 2022 at +59% and +48% in 1Q 2022 GCR rebounded, but a new wave of lockdowns from September DTC growth accelerated in 3Q 2022 to +20.7% driven by both segments Wholesale responsive to new brand strategy for Zegna, Thom Browne's strength is broad-based, positive B2B dynamics Focus on organic growth, pricing power, and price discipline 8
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