Ermenegildo Zegna N.V. Ordinary Shares (ZGN) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, good morning everyone. Thank you for joining the Ermenegildo Zegna Group first half 2026 preliminary revenues earnings call. Please note that today's material and presentation are available under the ZegnaGroup.com website. 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 those 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 statement cautionary statement included at page two of today's presentation. I'll now hand over to Paola Durante, Chief of External Relations and Sustainability. Thank you. Thank you, operator, and good morning, good afternoon, everyone, and welcome to today's call. As usual, Gianluca Tagliabue, Group CEO, will share the call, while I will begin with a brief comment on our second quarter revenue results, before handing over to Gianluca for some final comments on key events of the quarter that you can see also highlighted in the opening page of the presentations and for some closing remarks. I remind you that, as always, when commenting on revenue strengths, I will and we will focus on organic performance, which exclude foreign air exchange impacts and therefore better reflects the underlying business dynamics. Let's skip the first pages and move directly to page 12 of the presentation. In the second quarter of the year 2026, our group revenues reached 517 million euro, up 11%, marking a sequential acceleration compared to the previous quarter. Zegna Brand continued to outperform, recording €324 million revenues, with a 70% growth, also in sequent...