Datalex and Hostelworld results - the key points

The two travel-related businesses released results in line with expectations

Datalex chief executive Aidan Brogan Pic: Courtesy RTÉ

Two of the smaller companies on the Irish stock market, travel software firm Datalex and online booking platform Hostelworld released their results for 2016 this morning. Here are the key points in the results:

DATALEX

Thetravel software firm backed by Dermot Desmond reported an 18 per cent rise in adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to $12.2 million (€11.2 million) while revenue rose by 19 per cent to $55.3 million. It ...