Datalex forecasts earnings growth

Datalex — the Dublin-headquartered international travel software company — hopes to show 25%-30% adjusted earnings growth for this year.

Earlier this year the company — which provides many of the world’s airlines and travel firms with e-commerce software — reported a net profit of $1.1m (814,236) for 2012; the first time it posted an annual profit for six years.

Yesterday, via its latest trading update, Datalex’s management said that operating performance for the year to date is in line with expectations, with transaction revenue up by 15% year-on-year. It added that the company’s new business pipeline remains strong, with it recently being selected as preferred supplier to currently unnamed airlines in the US and South Africa.