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BRIEF-Navitas FY net profit after tax from ordinary activities A$90.1, up 25.4 pct

Published 02/08/2016, 09:18 am
Updated 02/08/2016, 09:40 am
© Reuters. BRIEF-Navitas FY net profit after tax from ordinary activities A$90.1, up 25.4 pct
NVT
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Aug 2 (Reuters) - Navitas Ltd NVT.AX :

* 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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