msg life ag reported consolidated earnings results for the nine months ended September 30, 2014. For the period, the company generated turnover of EUR 75.4 million against EUR 95.1 million a year ago, and earnings before interest, taxes, depreciation and amortization (EBITDA) amounting to EUR 10.0 million against LBITDA of EUR 5.7 million a year ago. This means that both turnover and EBITDA are entirely in line with the budget for the year. The company generated consolidated earnings of EUR 12.7 million as at 30 September 2014 against loss of EUR 10.7 million a year ago, and consequently earnings per share of EUR 0.31 against EUR 0.25 a year ago. A similarly positive trend was shown by cash flow from operating activity, which again improved year-on-year and totaled EUR 16.3 million against EUR 10.3 million a year ago.

The company is still expecting to generate turnover of around EUR 100.0 million and earnings before interest, taxes, depreciation and amortization (EBITDA) of some EUR 11.0 million in the current 2014 financial year.