Enrolment helps Navitas lift FY profit

Company News

Navitas Limited (ASX:NVT) has lifted its full year net profit by 2 per cent to $74.6 million.
 
The global education provider saw a 6 per cent lift in its total revenue of $731.7 million.
 
Navitas says overall student growth combined with recent price increases will continue to boost its earnings, and will also open new colleges in the UK and New Zealand. 
 
In Australia, the group saw increases in both international and domestic student enrolments.
 
Navitas will pay a fully franked final dividend of 19.5 cents per share. 

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