Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, February 25 2020 - 02:00
Habanos, S.A. Continues to Grow Its Business, Achieving 531 Million of Turnover
HAVANA, Feb. 25, 2020 /PRNewswire-AsiaNet/ --

- Habanos, S.A. maintains its global leadership of premium cigars in the 
markets in which it operates

Corporación Habanos, S.A., which exclusively markets the 27 Habanos brands 
worldwide, all made "Totalmente a mano" - Totally Handmade, published during 
the presentation of the XXII Habanos Festival its financial results for the 
2019 fiscal year, in which it achieved a turnover of 531 million dollars, with 
growth of 2% at a constant exchange rate compared to the previous year.

To view the Multimedia News Release, please click:

"The markets are behaving very satisfactorily, maintaining in our position in 
mature markets and increasing our presence and sales, particularly in emerging 
markets such as Continental China and Middle East, which are becoming 
increasingly important for Habanos," say Inocente Núñez and Luis 
Sánchez-Harguindey Pardo de Vera, Co-Presidents of Habanos, S.A., "After 25 
years, Habanos, S.A. is still operating in more than 140 countries. Exports 
continue to grow which, in turn, is very important to the country."

In the ranking by country, the top 5 markets for Habanos, S.A. in terms of 
sales volume are Spain, China, France, Germany, and Cuba. By region, Europe 
remains the main market for Habanos, with 53% of sales (by volume), followed by 
the Americas (18%), Africa and the Middle East (15%) and Asia Pacific (14%).

Leopoldo Cintra González, Commercial Vice-President, and José María López 
Inchaurbe, Vice-President of Development of Habanos, S.A., believe that "2019 
has been once again a successful year in terms of commercialization, thanks to 
the numerous, innovative initiatives we have run, which contribute decisively 
to our continued position as the undisputed leaders of premium tobacco 

The press conference also revealed some of the new products that will be 
presented during the festival and which this year will celebrate the 30th 
anniversary of the franchise network, La Casa del Habano. This year, the 
Festival, which will receive attendees from more than 60 countries, will play 
special importance on the Montecristo brand, which celebrates its 85th 
anniversary, and the Romeo y Julieta brand, for its 145th anniversary. 
Moreover, Bolívar will also present the Bolívar Belicosos Finos Reserva Cosecha 

The Limited Edition for 2020 will also be revealed at the Festival: Partagás 
Legado. In addition, in commemoration of the 175th anniversary of the Partagás 
brand, the special humidor, Partagás Tropicales, will be presented, of which 
only 450 will be produced.

*(P.A.O.) Protected Appellations of Origin

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Izaskun Martinez, Tel: +34-670-09-40-74
Carla Lladó, Tel: +34-669-54-69-09