Primary Health Care Expects FY17 UNPTA $92m & EBIT to fall

Company News

by Jessica Amir

Primary Health Care (ASX:PRY) has confirmed its FY2017 underlying NPTA guidance will be $92 million, which is at the lower end of its previously advised range.

The diagnostic centre company says a decline in medical centres is expected to be partially offset by strong performance in imaging and a modest increase in pathology.

Primary Health Care expects to book a non-cash impairment charge of about $575 million.

Meantime, the company expects its EBIT for FY17 will fall from the prior year (FY16 $72 million) to about $50 million.

Shares in Primary Health Care (ASX:PRY) are trading are trading 1.67 per cent lower to $3.54.
 

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