Tuesday September 22, 2020

There are more questions than answers about the Datalex losses

Ian Guider

Markets Editor

24th February, 2019

Who knew the scale of significant cost overruns and when? PwC accountants are having a busy month figuring that out now, not just at the National Children’s Hospital, but at the software company Datalex, which counts Dermot Desmond as its biggest shareholder and has undergone a torrid start to 2019.

In a little over four weeks, more than two-thirds of the value of Datalex has been wiped out following a profit warning in January...

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