Teddy Daka, CEO of Ansys Limited, speaks to Business Day TV about its full-year results, with Caroline Cremen from AdviceWorx. BUSINESS DAY TV: Ansys has reported full-year numbers today: revenue over the period growing 70% to R806m while net profit was up 239.2%, contributing to the 203% improvement in headline earnings per share — from 4.86c in 2016 to 14.71c this year. Group CEO Teddy Daka joins us to get into some of the detail behind the numbers. Teddy, so resilience despite tough operating conditions. That’s what any company wants to be able to boast right now. Is it as simple as demand for your products and services despite a constrained growth environment? TEDDY DAKA: Pretty much, but behind that also more than just luck, is that we put our investment and bat in the right places; for example, although GDP growth is going down in general it doesn’t mean that’s what’s happening within the telecommunications space. You’re seeing much growth in there. Yes, mining is going down g...
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