Ansys Limited

Media Release

8 June 2017

Ansys delivers exceptional financial results

Revenue up by 82% | Gross profit up by 71% | HEPS up by 203%

Johannesburg
[Insert Date]
For immediate release

Technology-driven engineering solutions group, Ansys Limited (Share Code: ANS), has announced
exceptional annual results for the year ending 31 March 2017.

Revenue for the period increased by 82% to R806.2 million (2016: R474.0 million), driven by growth
in the defence, information security, mining, industrial and telecommunications segments. Gross
profit increased by 71% to R210.4 million (2016: R123.0 million), while operating profit increased by
214% to R100.7 million (2016: R32.0 million). The group’ gross profit margin increased from 26.0% in
2016 to 27.6% in 2017 and headline earnings per share (HEPS) increased by 203% to 14.75 cents
(2016: R4.86).

Ansys CEO, Teddy Daka, says the results reflect the group’s resilience despite tough operating
conditions. In particular, they reflect its clear strategic focus on using digital technology to offer
solutions that enhance productivity, safety and cyber security. Successful efforts to improve
margins, stringent cost management measures, and benefits accruing from foreign exchange
movements also had a positive impact, especially on the profit margin.

Ansys develops, produces, distributes and integrates niche technology-driven engineering solutions
for harsh environments in four strategic segments: defence and information security; mining and
industrial; rail; and telecommunications. Cash generated by operations in these segments increased
by 187% to R79,2 million (2016: [insert number] ).

Revenue in the defence and information security segment increased by 108% to R187.6 million
(2016: R90.1 million). [Further information required]

Revenue in the mining and industrial segment increased by 110% to R89.3 million (2016:
R43.5 million). [Further information required]

Revenue in the telecommunications segment increased by 110% to R429.0 million.

[Further information required]

Ansys Media Release

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The only segment to report negative growth was the rail segment, in which revenue contracted by
26% to R100.2 million (2016: R137.0 million). This was primarily due to challenging economic
conditions, which led to a drop in sales volumes, especially to the Transnet Group.

In the greater socio-economic environment, Ansys creates wealth for all stakeholder groups,
including shareholders, employees, debt providers, suppliers, government and the communities in
which it operates. It does this in a number of ways, including through capital expenditure. The group
dedicated R17.0 million to capital expenditure during the reporting period, all of which was derived
from internal resources. A further R5.8 million was invested in intangible assets.

Within this context, Daka says that the group, which celebrates 30 years in business and 10 years as
an AltX-listed company this year, is positive, although it anticipates that the South African economy
will remain constrained for the foreseeable future.

“Our strategic focus areas will continue to drive our performance,” he says, “and we will continue to
implement our financial strategy of optimising margins, managing operational expenditure and
improving cash reserves. Continued investment in plant and equipment, as well as in human capital,
will also remain an important focus area.

“While we anticipate that economic conditions will result in slow growth in our rail, local defence
and mining businesses, but the outlook for our telecommunications, information security and
international defence businesses is favourable.”

End.
Word count: 518

Editorial Contact:
Lesego Marimo
Head of Client Service
PR Powerhouse
+27 (0)12 880 0522
+27 (0)73 266 6025
lesego@prpowerhouse.co.za

Ansys Media Release

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