Datalex announces improved earnings, but warns of slow H2

ISEQ-listed travel software company Datalex plc has reported a profit of $81,000 (€67,200) to June 30, 2004 due to growth in revenues and cuts to the company's cost base.

The $81,000 (€67,200) profit excludes goodwill amortisation of $440,000 (€365,000), foreign exchange losses of $258,000 (€214,000) and net interest income of $205,000 (€170,000), indicating a return to profitability for the company.