DGAP-News: msg life ag / Key word(s): Quarter Results msg life ag: msg life publishes financial data for the first quarter of 2015 28.05.2015 / 10:58 --------------------------------------------------------------------- msg life publishes financial data for the first quarter of 2015 (Leinfelden-Echterdingen, 28 May 2015) - msg life ag (ISIN DE0005130108) published its financial report for the first quarter of 2015 today. It reveals that the company generated aggregate turnover of 26.6 million euros (as at 31 March 2014: 23.9 million euros) and earnings before interest, taxes, depreciation and amortisation (EBITDA) of 2.0 million euros (as at 31 March 2014: 6.2 million euros). The decrease in earnings compared to the same period in the previous year is the result of non-recurring effects from the disposal of the Banking segment which were recognised in the first quarter of 2014. These quarterly figures show that the company has maintained its performance after the good 2014 financial year without faltering and is entirely in line with its annual budget in terms of turnover and earnings. At 5.4 million euros, the cash flow from operating activities is another positive result which demonstrates that the company is operating profitably. As at 31 March 2015, equity was 43.0 million euros and the equity ratio was 52.4 per cent. As at the end of the first quarter of 2015, msg life's workforce consisted of 866 employees (as at 31 March 2014: 881 employees). In view of the current market and sales situation, the msg life Group continues to expect to generate turnover of roughly 105.0 million euros and earnings before interest, taxes, depreciation, and amortisation (EBITDA) of about 8.0 million euros in the 2015 financial year. Simultaneously, msg life is working continuously on the further implementation of its strategic development, in which context the company is currently focusing on sustainably stronger cooperation within the msg Group. The integration of our core product msg.Life Factory and its components into msg.Insurance Suite, the central insurance platform of the msg Group, is an important aspect in this regard, as is the sales-oriented collaboration taking place in this context. This platform represents the first holistic industrial standard for all sectors of the insurance industry. About msg life As part of the independent, internationally active msg Group, msg life ag and its subsidiaries 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 product and service spectrum ranges from standard software through consulting services to the assumption of responsibility for IT operations (software as a service). The msg life Group has its head office in Leinfelden-Echterdingen and offices in Munich, Aachen, Düsseldorf, Hamburg, Cologne and St. Georgen, plus subsidiaries in the Netherlands, Austria, Switzerland, Slovakia, Slovenia, Poland, the Czech Republic, Portugal and the USA. It currently employs a workforce of almost 900. Contact msg life ag Corporate Communications Frank Fahrner Humboldtstrasse 35 70771 Leinfelden-Echterdingen Tel.: +49 (0)711 949 580 Email: [email protected] Internet: www.msg-life.com --------------------------------------------------------------------- 28.05.2015 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. Media archive at www.dgap-medientreff.de and 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: [email protected] 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 --------------------------------------------------------------------- 362577 28.05.2015