SYDNEY, March 6 (Reuters) - Shares in Australia-based private...

SYDNEY, March 6 (Reuters) - Shares in Australia-based private education company Navitas (NVT) fell 14.5 pct in early trade on Monday after the company flagged a reduction in revenue for its adult migrant English program division.

The company told the Australian Securities Exchange on Monday that the government had reduced the number of its potential contracts next financial year, resulting in a hit to earnings.

The contract changes to the division, which provides English lessons to migrants, will impact earnings before interest, depreciation and amortization by between A$12 million and A$14 million, the company said.