Ermenegildo Zegna(ZGN) - 2022 Q4 - Annual Report
Ermenegildo Zegna(ZGN)2023-04-06 00:00
Exhibit 99.1 ERMENEGILDO ZEGNA GROUP REPORTS ROBUST FY2022 FINANCIAL RESULTS IN LINE WITH STRATEGIC PLAN • 2022 profit of €65.3 million1 and Adjusted EBIT2 of €157.7 million demonstrate robust overall performance despite COVID-19- related impacts in the Greater China Region during the second and fourth quarters. • Cash Surplus2 was €122.2 million at December 31, 2022. • Double-digit revenue growth expected for the first quarter of 2023. FY2023 results expected to be on the trajectory to achieve €2 billion r ...