Australia - Navitas Half Year Result 31 Jan 17: NVT profits boosted by one-offs while college closures hurt: CommSecTV

CommSecTV

Published on 30 Jan 2017

Education provider, Navitas (NVT) posted a bigger than expected half year profit of $53.3m for the six months to 31 Dec. The headline result was driven by one-off, non-cash gains however rather than a strong underlying result.