Datalex

Signs extension to Aer Lingus relationship

  • Sectors : Travel IT Services
  • Companies : Datalex

Ratings and price correct at time of issue.

  • Datalex

    Closing Price: 270c

  • RATING 13/12/11

  • PREVIOUS RATING 30/06/09

    NEUTRAL

DAVY VIEW

The extension of Datalex’s relationship with Aer Lingus supports the thesis that the performance capability of Datalex’s core platform builds high customer retention rates. For Datalex, this supports better operating leverage and lifetime value in its customer relationships. At 10.0x FY19 EV/EBITDA, we continue to view the stock as attractively priced.

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Dec 6 2018, 08:05 GMT

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