Despite a slight decline in production, the Swiss group’s growth is driven by its two flagship brands, Davidoff and Zino.

“Despite challenging and unstable geopolitical complexity—ranging from US tariffs and the strong Swiss Franc to changing consumer sentiments”—Oettinger Davidoff has announced inflation-adjusted revenue of CHF 545.3 million (EUR 590 million) for 2025, a 2.5% increase compared to 2024.

Sales of the flagship Davidoff brand rose by 2.4%, while the Zino brand recorded “another extraordinary year” with a 16.1% increase, the Swiss group detailed in a statement released on Wednesday, July 1.

Total production of premium handmade cigars amounted to 36.6 million units in 2025 (down from 38.5 million in 2024 and 48.8 million in 2023). According to Oettinger Davidoff, this drop in production reflects “a modest year-over-year adjustment of 4.9% to recalibrate production in response to global market volatility and macroeconomic headwinds.”

As the group celebrated its 150th anniversary in 2025, the past two years have been marked by significant investments in its two production facilities. A new assembly center was inaugurated in Villa González, Dominican Republic, while operations in Danlí, Honduras, were substantially expanded through the enlargement of the box-making workshop (pictured above) and the construction of a brand-new fermentation complex.

The group also reports that seven new flagship stores opened in 2025 and four underwent renovations. This year, Oettinger Davidoff plans to open nine new Davidoff boutiques in major cities across Europe, Asia, and Africa, and to renovate five existing locations, notably those at Zurich Bahnhofplatz and Hong Kong Landmark.

Photos: ©Oettinger Davidoff