Zegna H1 FY26 profit drops 40.65% to €28.4 million; revenue rises 6% to €987.3 million

• Ermenegildo Zegna posted H1 2026 profit of EUR 28.4 million, down from EUR 47.9 million a year earlier.
• Revenue rose 6% to EUR 987.3 million, led by direct-to-consumer growth of 12%.
• Adjusted EBIT (non-IFRS) increased to EUR 74.5 million from EUR 68.7 million; margin edged up 0.1 percentage point to 7.5%.
• Zegna brand revenue climbed 11.2% to EUR 634.6 million; Thom Browne fell 4.7% to EUR 123.1 million.
• Gildo Zegna cited 9% organic revenue growth, continued Zegna segment margin expansion, and net cash surplus rising to EUR 59.6 million.

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