Perth-based education provider Navitas has announced a 39 per cent profit increase and unchanged dividend for the 2015 financial year.
The listed education provider has weathered a tough 12 months, but investors will drive renewed support as long as it hits its full-year forecast.
Education provider Navitas has reported slower growth in student enrolments for its University Programs in Australia for the first semester of the year.
Chairman of education provider Navitas, Harvey Collins, has joined the ranks of some of the top business leaders in WA by winning the Australian Institute of Company Directors gold medal award for WA.
Education provider Navitas has announced a ten year agreement with Florida Atlantic University to establish a pathway program for international students on its main Boca Raton campus.
Education provider Navitas has confirmed it is in advanced negotiations with US-based and other global learning institutions, saying it would reveal details of a partnership as early as this week.
Losing one contract is not the biggest problem confronting locally based education provider Navitas, even though Macquarie University’s decision to end a near 18-year relationship wiped $800 million off the value of the stock yesterday.
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