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Datalex says trading so far this year in line with expectations

Datalex says its transaction revenue is up 15% on the same time last year
Datalex says its transaction revenue is up 15% on the same time last year

Travel software firm Datalex has said that its financial position so far this year is in line with its expectations.

In an interim management statement for the four months to the end of October, Datalex said that its transaction revenue is up 15% on the same time last year.

This increase came on the back of new customers using its products - including Virgin Australia.

Datalex said that its new business pipeline remains strong across every region and in every market segment. It said it is near to completing deals with a US carrier as well as a South American carrier - its first in the region - by the end of the year.

The company said that its goal for 2013 is to deliver 25-30% growth in adjusted earnings before interest and tax and to grow its customer base. 

"While challenges remain, both in the global airline industry and in our own marketplace, we have made good progress to date in 2013 and we remain on track to deliver on guidance," Datalex added in today's trading statement.