Datalex sticks with earnings forecast as Desmond stake rises

Datalex sticks with earnings forecast as Desmond stake rises
Financier Dermot Desmond

The company said the €10 million funding by Dermot Desmond was necessary as it identified a near-term funding requirement.

Datalex, the under pressure airline software company, said its earnings guidance for this year and next year remain unchanged as it finalises a €10 million cash lifeline from its largest investor.

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