msg life ag reported earnings results for the year 2014. For the period, the company generated aggregate turnover of EUR 104.3 million against EUR 131.3 million a year ago and earnings before interest, taxes, depreciation, and amortization of EUR 11.4 million against LBITDA of EUR 1.6 million. This EBITDA figure contains a seven-figure non-recurring effect from the sale of the banking segment. This means that both turnover and EBITDA are entirely in line with the previous forecast – although neither figure can be compared with the corresponding period last year.

For the year, the company expects its aggregate turnover to increase compared to 2014 to EUR 105.0 million and a purely operative EBITDA of approximately EUR 8.0 million.