Frontier
cost wins | Frontier
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Deck date
February 2022
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8 of 15
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profitability by segment segment adjusted for the segment was million in up from million in adjusted margin for the segment was down from in improvements were driven by the repositioning as part of the one brand strategy partially offset by the less country mix increase in operating expense higher advertising and marketing costs in line with what announced at our capital markets day in may on activities higher personnel and compliance related costs partly linked to the group going public and higher depreciation and amortization | Zegna
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profitability by segment segment adjusted for the segment was million in up from million in adjusted margin for the segment was up from in investing for growth yet improvement came from scale benefits and was offset by growth related expenses including costs for expanding store network higher marketing costs and investments to improve central functions and processes group | Zegna
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