Cuba cigar company reports sales rose 8 per cent last year to $447 million

0

HAVANA – Cuban cigar officials say sales of the island’s famous hand-rolled stogies rose about 8 per cent last year.

Ana Lopez is a marketing executive with Habanos SA, a mixed-ownership enterprise involving the state-owned Cubatabaco and the British company Altadis, which is based in Spain.

Lopez says sales were $447 million in 2013, up from $416 million the previous year.

Company vice-president Javier Terres cites growth in Asia-Pacific and Middle Eastern markets.

They spoke Monday on the opening day of Havana’s annual International Cigar Festival.

Leave a comment

Your email address will not be published. Required fields are marked *