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University Business helps lift Navitas revenue, net profit falls

Robert Bolton

Navitas chief executive David Buckingham will focus on signing up new university partners in Europe after warning that the fallout from Brexit will slow down enrolment growth at the education company's preparatory colleges in Britain.

Mr Buckingham pointed to a 16 per cent jump in British enrolments in the six months ended December 31 as a driver of the 6 per cent lift in revenue for the university partnerships division to $315 million.

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Robert Bolton is the Education editor. He covers primary and secondary education, universities and training. Connect with Robert on Twitter. Email Robert at rbolton@afr.com

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    Original URL: https://www.afr.com/policy/health-and-education/university-business-helps-lift-navitas-revenue-net-profit-falls-20190205-h1avak