Ermenegildo Zegna N.V. Ordinary Shares (ZGN) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone, and thank you for standing by. Today's Amenajildo Xenia Group H1 2025 Financial Results Call will be beginning in just two minutes' time. We thank you for your patience. Thank you. Good afternoon. Good morning, everyone. Thank you for joining the Emele Gildo Zania Group H1 2025 Financial Results Call. Please note that today's material and presentation are available under the zaniagroup.com website. Joining us today, the Zania Group leadership team, including Gianluca Tagliabue, Group CFO and COO, and Paola Durante, Chief of External Relations. Before we begin, we need to point out that the team will make certain forward-looking statements during the call. The group actual results may be materially different from those expressed or implied by these forward-looking statements. Also, these statements are subject to a number of risks and uncertainties, including those described in our SEC filings. Please refer to the forward-looking statements cautionary statement included at page two of today's presentation. I'll now hand over to Paola Durante. Thank you. Thank you. Good morning and good afternoon, everybody. Thank you for being here today on our H1 2025 results conference call. As already has been said by the operator, I'm Paola Durante. And here with me, there is Gianluca Tagliabue, our CFO and COO, and Alice Poggioli, our director. I will briefly comment on first, six months financial results. And then we'll leave the floor to Gianluca for some final remarks. First half 2025 revenues have been confirmed at €928 million, minus 2% organic, driven by a very good plus 6% DTC organic performance. But I will keep commenting more on revenues since we have already seen and commented during our call at the end of July. So let's then move on the presentation a...