Monday 16 September 2019

Datalex performing 'in line with expectations'

Datalex CEO Aidan Brogan
Datalex CEO Aidan Brogan
Ellie Donnelly

Ellie Donnelly

Datalex, the Dublin-based travel software firm, has said it is performing "in-line with expectations".

In a trading update today, which covers the period from 1 July to-date, the company said it is confident it will deliver double digit growth in adjusted earnings before interest, taxation, depreciation, and amortisation for financial year 2018.

"We remain on track to continue this growth trajectory through 2020," Datalex said.

However the group did not release any financial numbers in the update.

In October Datalex, which is backed by billionaire Dermot Desmond, announced a long-term agreement with Scandinavian Airlines (SAS).

The agreement will see Datalex support the airline in its digital transformation strategy, with new distribution capability (NDC), merchandising and order management across its sales channels.

Last year Datalex generated adjusted ebitda of $14.2m.

Online Editors

Also in Business