UPDATE 1-Assura cuts FY trading loss view on strong sales
, * Sees year loss at low end of 4-6 mln stg view
* Says pharmacy arm trades broadly in line with budget
* Gets new 190 mln stg loan facilities (Adds details)
March 31 (Reuters) - British healthcare firm Assura Group Ltd. AFRP.L said on Tuesday it expected trading loss for the year to March 31 to be narrower than estimated on strong revenue growth from new contracted services.
"The board now expects the trading loss to be closer to 4 million pounds ($5.68 million) than 6 million pounds," the private owner of GP services said in a statement.
Its GP provider companies, which had 52 services commissioned, has 13 services awaiting final Primary Care Trust sign-off during April, the Cheshire-based company said.
Assura said its pharmacy division continued to trade broadly in line with budget and recent rental growth in the property portfolio had held up well.
Assura said it signed a new 190 million pound, four-year bank facility with National Australia Bank (NAB.AX).
Assura shares closed at 24.50 pence on Monday on the London Stock Exchange. ($1=.7047 Pound) (Reporting by Austin Lobo in Bangalore; Editing by Gopakumar Warrier)
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