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Datalex says on track to meet full year guidance

Datalex chief executive Aidan Brogan issues interim management statement today
Datalex chief executive Aidan Brogan issues interim management statement today

Travel software firm Datalex has said it remains on course to meet its full year guidance of 20-25% in adjusted earnings.

In an interim management statement covering the four months to the end of October, Datalex said that it had seen strong momentum in its business, with platform revenue - its key driver - up by 15% compared the same time last year.

This growth was mainly driven by new customer deals which went live over the four month period, including agreements with JetBlue Airways and China's Beibu Gulf Air.

Today's statement noted that 2015 has been a year of continued growth for the company.

It said the company is investing in the business to position Datalex at the leading edge of the new airline retail environment, which will drive sustained growth in the years ahead.

"We are satisfied with the progress we have made against our objectives so far this year, and we remain confident that our full year 2015 guidance of 20-25% growth in adjusted EBITDA will be achieved, and that we will sustain this double digit growth trajectory into the future," the company said. 

Datalex added that its financial position, as of today, is in line with its expectations.