msg life ag announced consolidated financial results for the year ended December 31, 2016. For the year, the company reported aggregate turnover of EUR 121.3 million against EUR 108.1 million a year ago. Earnings before interest, taxes, depreciation and amortization amounted to EUR 11.5 million against EUR 8.5 million a year ago. Net group income for the 2016 financial year amounted to EUR 6.5 million against EUR 4.7 million a year ago. Earnings per share came to EUR 0.16 against EUR 0.12 a year ago. operating cash flow totaled to EUR 1.0 million against EUR 2.5 million a year ago.

For the fiscal 2017, the company is anticipating aggregate turnover of between EUR 118.0 million and EUR 123.0 million. Expecting earnings before interest, taxes, depreciation and amortization (EBITDA) of between EUR 11.0 million and EUR 13.0 million.