The Italian fashion group Ermenegildo Zegna Group has a net profit of 47.9 million euros in the first half of 2025. achieved. This corresponded to an increase of 53 percent compared to the same period last year, in which he was 31.3 million euros. However, the result adjusted for special effects before interest and taxes (EBIT) fell from 80.9 to 68.7 million euros.
The turnover was 927.7 million euros in the first half of the year and thus 3.4 percent below the corresponding level of the previous year. On an organic basis, the proceeds shrank by 2.0 percent. After all, its own retail developed positively, which recorded organic growth by six percent.
The strengthening of your own retail is bearing fruits
“The results of the first half of 2025 confirm the strength of our strategic vision to strengthen your own retail and to increase the operational efficiency of our three brands,” said CEO Ermenegildo “Gildo” Zegna in a message published on Friday. “At the same time, we have continued to invest in strategic projects that support our long -term growth goals.”
The CEO was satisfied with the operational results of the Zegna segment. “A solid operational basis and a disciplined implementation led to an improvement in the adjusted EBIT margin by 1.5 percentage points,” he emphasized. This solidity contributed to alleviating the negative effects of ongoing strategic reforms in the Thom Browne and Tom Ford Fashion division.
“Thanks to the strength of our supply chain, the authenticity of our brands and, above all, the clarity of our vision and talent of our team, despite the challenges in the industry and currency pressure, we remain determined to achieve our goals set for 2027,” said Zegna.
According to the management, the adjusted EBIT of the Zegna segment was 94.4 million euros. The adjusted EBIT margin was 14.3 percent compared to 12.8 percent in the first half of 2024. The adjusted EBIT of the Thom Browne segment amounted to 4.5 million euros, the adjusted EBIT margin dropped from 12.1 to 3.5 percent. The adjusted EBIT of the Segment Tom Ford Fashion was negative at -19.4 million euros compared to a negative value of -11.9 million euros in the same period last year.
This article was used with digital tools translated.
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