Zegna
financial highlights group strategic progress delivered strong results segment driven by organic growth a segment with mix of new space and organic growth revenues ara world group revenues in with an acceleration in in strong group performance across channels segments product lines regions in line with strategy domestic consumers and return of tourists rebound in western to consumer roll out continues i a a a adjusted margin adjusted million mare err million cash surplus at june million segment adjusted margin in despite step up in costs segment adjusted margin in due to costs of growth a i profit decline million in impact from million increase in the value of the put option liability on the stake which the group does not own this compares with a million income reported in the first half of in relation to the purchase of a stake in a a a a a a a gee cash surplus decline end trade working capital temporary impact on inventories from one brand launch and real estate settlements reflect discipline and focus on store footprint optimization dividends paid to minority shareholders underlying positive cash generation excluding trade working capital and settlements the remeasurement of the liability has been driven by i a higher present value of the obligation under the put option in line with the performance and its mid term ambitions disclosed at the capital markets day and the negative foreign exchange impact from a us dollar against the | Zegna
Company
Deck Type
Deck date
August 2022
Slide
10 of 39
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