Navitas : Interim Results Presentation31 December 2009ASX : NVT
H1 FY10 Overview
Record financial performance continues fromFY09
• Revenue growth of 24%
• Profit growth of 45%
• Substantial EBITDA margin improvement
• Continued earnings growth in University Programs
• Driven by increases in student numbers and tuition fees
• Consolidation in English and Workforce
• Growth in returns from Government Programs and Hawthorn Melbourne
• ACAP and Professional Year momentum continues
• University Programs rollout continues
• New colleges in Plymouth and Portsmouth opened in September with 200 students between them
• USA market entry
• New colleges partnerships announced in January 2010 with University of Massachusetts Lowell, University of Massachusetts Dartmouth and Western Kentucky University 2