Yesterday, Oettinger Davidoff held their annual Media Day at the Maison Davidoff headquarters in Basel, Switzerland.
CEO Beat Hauenstein, and Oettinger Davidoff looked back on a challenging yet memorable year 2022. The Basel-based family company succeeded in surpassing the good results of 2021 and presented record numbers for 2022. The total annual sales turnover of 2022 increased by 8.2% compared to the previous year reaching CHF 494.1 million.
In addition, thanks to maintaining the highest consistency in quality and availability of its handmade premium cigar brands, the company increased its cigar production in the Dominican Republic and Honduras by 26.3% compared to the prior-year volume accounting for 43.1 million cigars. To respond to the increased consumer-driven demand, the company will further expand its manufacturing facilities in the Dominican Republic.