Cigar maker Davidoff boosted by Asian sales

(Reuters) Oettinger Davidoff Group, the world's biggest premium cigar maker, reported slightly higher full-year sales driven by growing demand from Asia and the United States.
"Asia is growing strongly, as did our single biggest market, the U.S., while Europe, with the exception of Spain, held up well," a company spokeswoman said on Tuesday.
The Basel-based family owned group, which makes Davidoff, AVO, Camacho, Griffin's, Zino and Winston Churchill cigars, said that while the number of cigars it manufactured at its factories in the Dominican Republic rose by 6.8 percent, sales in Swiss francs fell 2.3 percent to 1.29 billion Swiss francs ($1.34 billion) as the strength of the currency took its toll. Continued