Ansys expects profit swing

Ansys (ANS), the black empowerment engineering technology company, says it expects headline earnings per share of between 4.7 cents and 5.7 cents for the year ended 29 February 2012, compared to a headline loss per share of 3.86 cents previously.

The group, which specialises in the design, and control systems for the transport and defence industries, says it anticipates earnings per share to be between 4.7 cents and 5.7 cents per share, from a basic loss per share of 9.22 cents per share in 2011.

The company expects to publish its results by mid-May 2012.

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Ansys expects profit swing