Brief: Ermenegildo Zegna NV Sees Compounded Average Annual Growth Of Adjusted EBIT Of Around 20% In Medium Term

Ermenegildo Zegna NV

05/12/2023 12:25

Dec 5 (Reuters) - Ermenegildo Zegna NV  JN0.F :
    * ERMENEGILDO ZEGNA NV: SEES COMPOUNDED AVERAGE ANNUAL
GROWTH OF
ADJUSTED EBIT OF AROUND 20% IN MEDIUM TERM
    * ERMENEGILDO ZEGNA NV: GROUP AIMS FOR COMPOUNDED AVERAGE
ANNUAL
GROWTH OF REVENUES OVER 10% IN MEDIUM TERM
    * ERMENEGILDO ZEGNA NV: STORE PRODUCTIVITY AT ZEGNA IS
EXPECTED TO
GROW BY ALMOST 50% IN 2023 FROM 2021 BASELINE
    * ERMENEGILDO ZEGNA NV: TOM FORD FASHION EXPECTS TO GROW ITS
REVENUES BY OVER 10% COMPOUNDED ANNUAL GROWTH RATE IN MEDIUM
TERM
    * ERMENEGILDO ZEGNA NV: THOM BROWNE EXPECTS A HIGH TEENS
COMPOUNDED AVERAGE GROWTH IN DTC REVENUES IN NEXT YEARS

Further company coverage:  JN0.F 

 ((Reuters.Briefs@thomsonreuters.com;))