Habanos S.A. Claims $500 Million in Revenue for 2017

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The XX Festival del Habano has kicked off in Cuba and as is customary, the company has announced its sales figures from previous years.

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Notably, the company said it grew revenues to $500 million, up from $445 million in 2016. It’s a massive jump—12.36 percent—and the highest revenue the Cuban cigar company has claimed in the last decade.

Company executives said that strong demand in China—the third largest market—led the way.

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I am an editor and co-founder of halfwheel.com/Rueda Media, LLC. I previously co-founded and published TheCigarFeed, one of the two predecessors of halfwheel. I handle the editing of our written content, the majority of the technical aspects of the site and work with the rest of our staff on content management, business development and more. I’ve lived in most corners of the country and now entering my second stint in Dallas, Texas. I enjoy boxing, headphones, the Le Mans 24-hour, wearing sweatshirts year-round and gyros. echte liebe.

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