Ermenegildo Zegna's profit increases in 2018

According to the latest accounts published by Ermenegildo Zegna Group, its turnover for 2018 of 1.159 billion euros (1.300 billion dollars), rose 0.4 percent at constant exchange rates compared to a drop of 2 percent at current exchange rates. The company said, EBITDA at 143 million euros (160.4 million dollars), 12.3 percent on sales, was slightly up versus prior year and net profit of 34 million euros (38 million dollars) was up 4 percent.