Imperial reports rise in Habanos cigar sales

(cubastandard.com) Imperial Tobacco, the British company that markets Cuban cigars worldwide, reported $22,4 billion in revenues for the six months ended March 31, up 2.2 percent from $21.9 billion in the first half of the 2009-10 financial year.
Net income was $1.51 billion, up from $1,127 billion.
The company said that sales of Cuban cigars rose 2 percent during the six months, “a very pleasing performance given the challenges in Spain, which is the largest market for Cuban cigars.” Growth outside the European Union was strong, particularly in China, with sales up 16 percent, according to Imperial. Continued