DGAP-News: msg life ag: msg life publishes financial data

DGAP-News: msg life ag / Key word(s): Quarter Results msg life ag: msg life publishes financial data for the first quarter of 2016 30.05.2016 / 10:32 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- msg life publishes financial data for the first quarter of 2016 (Leinfelden-Echterdingen, 30 May 2016) - msg life ag (ISIN DE0005130108) published its financial report for the first quarter of 2016 today. The report reveals that the company generated aggregate turnover of 28.5 million euros (prior-year period: 26.6 million euros) and earnings before interest, taxes, depreciation and amortisation (EBITDA) amounting to 2.1 million euros (prior-year period: 2.0 million euros). The recent quarterly figures show that the company is building on the positive developments of the 2015 financial year and that its turnover and earnings are in line with the annual forecasts. As at 31 March 2016, the earnings per share totalled 0.04 euros (prior-year period: 0.03 euros). Equity as at 31 March 2016 totalled 47.3 million euros, which represents an increase of 1.1 million euros in comparison with the balance sheet date in 2015. The equity ratio was 52.2 per cent as at 31 March 2016. As at the end of the first quarter of 2016, msg life's workforce consisted of 869 employees (prior-year period: 866 employees). In the 2016 financial year, msg life expects earnings before interest, taxes, depreciation and amortisation (EBITDA) of between 10.0 and 12.0 million euros and aggregate turnover of between 110.0 and 112.0 million euros. About msg life As part of the independent, internationally active msg Group, msg life ag and its Group companies are among the leading software and consulting companies for the European insurance sector and concentrate primarily on life insurance companies and pension fund institutions. Their products and services range from standard software through consulting services to the assumption of responsibility for IT operations (cloud solutions). The msg life Group has its head office in Leinfelden-Echterdingen and offices in Munich, Aachen, Düsseldorf, Hamburg and Cologne, plus subsidiaries in the Netherlands, Austria, Switzerland, Slovakia, Slovenia, Poland, Portugal and the USA. It currently employs a workforce of around 850. Contact msg life ag Corporate Communications Frank Fahrner Humboldtstrasse 35 70771 Leinfelden-Echterdingen Tel.: +49 (0)711 949 580 Email: presse@msg-life.com Internet: www.msg-life.com --------------------------------------------------------------------------- 30.05.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: msg life ag Humboldtstraße 35 70771 Leinfelden-Echterdingen Germany Phone: +49 (0)711 94958-0 Fax: +49 (0)711 94958-49 E-mail: investor.relations@msg-life.com Internet: www.msg-life.com ISIN: DE0005130108 WKN: 513010 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of News DGAP News Service --------------------------------------------------------------------------- 467377 30.05.2016