Ermenegildo Zegna(ZGN) - 2023 Q4 - Annual Report

Exhibit 99.1 Ermenegildo Zegna Group ERMENEGILDO ZEGNA GROUP DELIVERS STRONG PERFORMANCE IN FY 2023 WITH PROFIT DOUBLING TO €136 MILLION • Revenues of €1,904.5 million, up 27.6% from FY 2022 (+19.3% organic growth ) 1 • Gross profit of €1,224.3 million with a gross profit margin of 64.3% (62.2% in FY 2022) • Profit of €135.7 million, up 107.8% from FY 2022 with a profit margin of 7.1% (4.4% in FY 2022) 1 • Adjusted EBIT of €220.2 million with an Adjusted EBIT Margin of 11.6% (10.6% in FY 2022) • Proposed di ...