Dark days for Datalex as share price takes a dive

Dark days for Datalex as share price takes a dive
Aidan Brogan, chief executive of Datalex Picture: Jason Clarke

Analysts are asking how the stock exchange-quoted company, which provides software services to airlines, could have gotten its figures so wrong

‘I have a fear that the day you’re successful is the day you’re weakest,” Datalex chief executive Aidan Brogan told The Sunday Business Post in an interview in late 2016.

When he made those comments, Brogan certainly had no worries. Datalex, a provider of software services to airlines around the world, was enjoying an extraordinary few years of success. Its revenues were climbing, profits were growing and shareholders were reaping the rewards as its...

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