Travel software group Datalex has reported pre-tax profits of $1.6m for the six months to the end of June, up from $1m the same time last year.
The company said that total revenues for the six months were $12.4m, down from the $14.4m recorded in the first quarter of 2005.
Datalex said that in line with expectations, revenue from its E-Business sector fell to $8.9m from $11.5m. The company said that was due to changes in short term licence arrangements.
However, TPF consulting revenues rose to $3.5m from $2.9m due to an upturn in this market.
Datalex's customers include Aer Lingus, KLM, Singapore Airlines, Thomas Cook, Trailfinders, Virgin Atlantic Airlines and United Airlines.
'We have made considerable investment in the airline functionality of our product suite over the last 18 months and are expanding our development to productise our 'leisure' based solutions,' commented Datalex CEO Cormac Whelan.
'As airlines and travel companies become more strategic about developing alternative distribution and revenue channels this becomes an important part of their infrastructure,' he added.
Datalex shares closed down two to 69 cent in Dublin this evening.
