Datalex set for eight consecutive year of double digit growth

It's hiring as its business grows...

Datalex set for eight consecutive year of double digit growth

Image: Steve Parsons PA Wire/Press Association Images

Dublin-based travel software firm Datalex expects its Adjusted EBITDA to grow by between 15% and 20% this year.

Datalex airline customers include the likes of Aer Lingus, Jet Blue of the US and Swiss International, it’s been particularly successful in China where its signed up five major airline carriers. Its software helps travel firms to manage online sales.

If this forecast is correct, 2017 will be the eighth year in a row in which it has delivered double-digit growth.

Paschal Taggart, Chairman of Datalex will address the company's AGM in its offices at EastPoint in Dublin this afternoon.

He outlined some of the firm's recent activities: "In March we announced a partnership with JetBlue Technology Ventures, the wholly-owned venture capital subsidiary of JetBlue Airways. The goal of this partnership is to assist in the incubation of early stage start-ups, that could ultimately be integrated into the Datalex Digital Commerce Platform, for use by all of our customers. We also continue to invest in scaling the organisation to meet the growing demand for our platform.

"In April, we opened our new Centre of Excellence in Manchester, where we expect to double our current workforce of 30 over the next 18 months."

Mr Taggart added that the company expects to announce further signings during 2017.