Wintersteiger, the Austrian mechanical engineering company, returned to growth last year as its sales jumped by 15.1 percent to €93.4 million, its highest level ever. Wintersteiger's sports division brought in a turnover of €45.4 million, an increase of 4.4 percent compared with 2009. Most encouraging, the company achieved an operating profit of €9.6 million, amounting to an Ebit margin of 10.3 percent. However, the company wants to expand further, with the construction of a new production and assembly hall of about 2,000 square meters at its head office in Ried. The works should start in July or August, to be completed by the first quarter of 2012. Another 1,500 square meters of office space are to be added to the complex. Wintersteiger invested about €5 million in the project, which the company's managers regard as a prerequisite to achieve its mid-term sales target of €130 million to €150 million.

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