News: NVT Navitas FY net profit after tax from ordinary activities A$90.1, up 25.4 pct

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    Aug 2 (Reuters) - Navitas Ltd (NVT) :

    • FY revenues from ordinary activities A$1.01 billion versus A$ 980.3 million
    • FY profit after tax from ordinary activities attributable to members A$90.1 million up 25.4%
    • Navitas expects FY 2017 EBITDA will remain broadly in line with the FY 2016 result
    • Fully franked final dividend of 9.9 cents per share for period
    • "Demand for international education continues to grow"
    • Government reforms to vocational education funding moderated revenue growth in H2 and are set to continue in FY 2017

 
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