Datalex maintains 20% earnings growth outlook

Dublin-based international travel software provider, Datalex has said it remains on course to achieve previously-guided earnings growth of between 18% and 20% this year, despite market challenges.

In a trading update, covering the four months to the end of October, the company said yesterday that it also remains on course to increase its cash reserves and new customer wins will drive its transaction revenue growth into 2015.

“2014 is a year of investment, performance and growth for us, with significant new deployments and investment in new infrastructure to scale our business for the future. Our new customer signings and ‘go lives’ in 2014 will help secure continued growth in our business in the coming years,” management said.