Travel software firm Datalex has said that its financial position so far this year is in line with expectations and it remains on track to deliver "strong" growth in its cash reserves.
In an interim management statement, it said the first four months of this year have seen continued growth in the business with platform revenue - its key value driver - up by 17% compared to the same time last year.
In March, Datalex said it was guiding adjusted EBITDA growth of 20-25% in its full year for 2015.
"Our performance year to date is in line with these expectations," today's statement said.
Swiss carrier Edelweiss, a member of the Lufthansa group, recently went live on Datalex's commerce platform, while the company is also due to complete deal with JetBlue Airway and Swiss International Air Lines in the coming months.
"With the new customers scheduled to go live in 2015 and the continued strength of our new business pipeline, we are confident that the foundations are in place for continued growth in the years ahead," today's trading update said.
