DGAP-News: msg life ag

DGAP-News: msg life ag: msg life publishes preliminary figures for 2015

DGAP-News: msg life ag / Key word(s): Preliminary Results msg life ag: msg life publishes preliminary figures for 2015

05.02.2016 / 13:46 The issuer is solely responsible for the content of this announcement.

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msg life publishes preliminary figures for 2015

Turnover and operating result in line with expectations - 2016 target figures: turnover of between 110 and 112 million euros and EBITDA in the range of 10.0 and 12.0 million euros

(Leinfelden-Echterdingen, 5 February 2016) - msg life ag (ISIN DE0005130108) is releasing preliminary figures for the last financial year, 2015. According to its figures, the company generated total turnover of approximately 108 million euros (2014: 104.3 million euros) and earnings before interest, taxes, depreciation of tangible assets and amortisation of intangible assets (EBITDA) of around 8.4 million euros (2014: 11.4 million euros).

This EBITDA figure includes an extraordinary item of approximately 800,000 euros from the sale of the company's subsidiary msg life metris gmbh. Adjusted for this extraordinary item, the operating EBITDA totals approximately 7.6 million euros. The company's turnover and operating result are therefore both in line with the forecast figures. All these figures are preliminary and have yet to be verified by the auditors. The definitive audited results for the 2015 financial year will be published in detail in the consolidated financial statements on 26 April 2016.

The good development in recent months shows that the company has achieved an economic turnaround. This is also reflected positively in the target figures for the current financial year, 2016: the company is anticipating a slight year-on-year increase in total turnover to between 110 and 112 million euros and EBITDA in the range of 10.0 and 12.0 million euros. The increase in the profit forecast for 2016 (see ad hoc announcement dated 4 February 2016) is the result in particular of business with existing customers remaining stable and a promising sales pipeline.

About msg life

As part of the independent international msg group of companies, msg life ag and its subsidiaries are among the leading software and consultancy firms for the European insurance sector, focusing in particular on life insurance companies and pension scheme providers. Its portfolio of services includes standard software, consulting services and the handling of IT operations (cloud solutions).

Based in Leinfelden-Echterdingen and with offices in Munich, Aachen, Düsseldorf, Hamburg and Cologne and subsidiaries in the Netherlands, Austria, Switzerland, Slovakia, Slovenia, Poland, Portugal and the USA, the msg life Group has an employee headcount of approximately 850.

Contact

msg life ag Corporate Communications Frank Fahrner Humboldtstrasse 35 70771 Leinfelden-Echterdingen Germany Tel. +49 (0)711 949 580 Email: presse@msg-life.com Website: www.msg-life.com

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05.02.2016 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.

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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 ---------------------------------------------------------------------------

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