Wintersteiger, the manufacturer of ski maintenance machinery and storing solutions, passed for the first time the €50 million mark with its sports division alone in its last financial year. In 2012, the Austrian group had booked a turnover of its largest business unit, sports, of €47.6 million.
The company reports – without mentioning absolute figures – a sales increase of 23 percent for BootDoc, its specialty brand of foot analysis and shoe customizing. Hotronic, the marketer of heating and drying solutions for boots and gloves, which was acquired last October, added to the turnover. The revenues of this company had been €3 million in 2012.
Wintersteiger reported success with its core business of machinery for storing and maintaining snow sports equipment: Last year, some 700 customers were supplied globally. The company sold 71 Discovery and Mercury lines, which are its larger robots.
Wintersteiger's sports division is only a minor part of the group. The entire group generated total sales of €141.9 million, a record level that was 12 percent higher than in the previous year. The Austrian company proved also to be rather profitable. Earnings before interest and taxes (Ebit) improved to a margin of 8.4 percent from 6.8 percent in 2012. Earnings before interests, taxes and write-offs (Ebitda) reached a margin of 11.6 percent compared with 10.8 percent in the previous year.
Besides the sports division, Wintersteiger's remaining business is divided in three additional divisions: seeding machinery, wood cutting and “levelling.” The latter is bundled in the German company Kohler Maschinenbau, which was acquired in autumn 2011. This division provides tools for sheet metal processing. For the current year, a fifth division has been set up, called “automation.”
Sales outside Austria reached a share of 88.6 percent of the total turnover, with deliveries to 130 markets worldwide. Investments in research and development were as high as €10.9 million.
The outlook for the current financial year is positive. The management expects a further increase in turnover of 7 percent, notably because of good business prospects in Brazil, Russia and China. Wintersteiger plans to invest some €17 million on its manufacturing plants in Austria and Germany.