Firm sees first profit in six years

Datalex has forecast “strong cash generation” and continued profit growth for 2013, following the generation of its first annual profit in six years in 2012.

The Dublin-based travel software solutions provider furnishes numerous international airlines and travel operators with e-commerce software.

The company said yesterday, via its latest trading update, that it has seen “continued strong growth” during the first four months of this year and remains “well positioned” to deliver on its already projected target of adjusted EBITDA growth of 25%-30%, to between $7.2m and $7.5m (€5.53m and €5.77m).