Datalex - Signs extension to Aer Lingus relationship

Davy Research
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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.