Original article by Julie Hare
The Australian – Page: 19 : 29-Jul-14

Navitas has announced a 2013-14 full-year net profit drop of 31% to $A51.6m, on revenue of $A878.2m. The earnings per share declined 31% as well, to $A0.137. On 28 July 2014 the stock lost $A0.14 to close at $A4.98. In early July it had fallen steeply from $A7.75 to $A4.68, on news the higher education enrolment services provider had lost its contract with Macquarie University. Navitas CEO Rod Jones says the company predicts improve trading conditions once the Australian Government’s full deregulation of university course fees becomes law

CORPORATES
NAVITAS LIMITED – ASX NVT, MACQUARIE UNIVERSITY, DEUTSCHE BANK AG, STANDARD AND POOR’S ASX 100 INDEX, EDITH COWAN UNIVERSITY, MASSACHUSETTS COLLEGE OF LIBERAL ARTS, CURTIN UNIVERSITY OF TECHNOLOGY, SOUTH AUSTRALIAN INSTITUTE OF BUSINESS AND TECHNOLOGY PTY LTD, AUSTRALIAN COLLEGE OF APPLIED PSYCHOLOGY PTY LTD, SAE INSTITUTE PTY LTD