Navitas renews contract with University of SA

Company News

by David Chau

Global education services provider Navitas (ASX:NVT) has renewed a contract with the University of South Australia for a further nine-year term.

This contract with the university is in relation to services offered by the Eynesbury Institute of Business and Technology, as well as the Eynesbury College.

The Eynesbury  College offers English language training, foundation studies and pathway programs for entry to the University of South Australia and University of Adelaide.

Navitas says its relationship with the University of South Australia is a longstanding one, dating back to 1994.

Navitas posted a net profit of $90.8 million at 30 June 2016.

David Chau

Finance News Network
David joined FNN in April 2016. In addition to presenting the Market Outlook and latest business news stories, David interviews senior economists and CEOs of ASX-listed companies. Prior to working for FNN, David was a litigation lawyer.