Navitas posts revenue increase for half-year

Company News

Navitas Limited (ASX: NVT) has announced an 8 per cent increase in revenue for the first half of FY2016.
 
Group revenue came in at $517.5 million compared to $479.4 million in the previous corresponding period. 
 
Net profit after tax came in at $45.1 million which was a 12 per cent increase on the previous corresponding period.
 
The company will pay a fully franked interim dividend of 9.6 cents per share.
 
In accordance with previous announcements, Navitas anticipates FY2016 EBITDA will remain broadly in line with FY15. 

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