Tuesday September 22, 2020

There are more questions than answers about the Datalex losses

Ian Guider

Markets Editor

@ianguider
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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