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Aramex Reports Record Q2 Revenue of Dh1.83 Billion as Profit Jumps Sevenfold

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Aramex delivered its strongest quarterly revenue on record in the second quarter of 2026, supported by higher freight-forwarding demand and network flexibility that helped maintain customer shipments during regional disruption.

The logistics company reported revenue of Dh1.83 billion for the quarter ended June 30, marking a 22% increase from the same period a year earlier. Revenue for the first half rose 12% to Dh3.43 billion.

Profitability improved sharply during the quarter. Net profit climbed to Dh47 million, seven times higher than the normalised result recorded in the corresponding period last year. Earnings before interest and tax also rose strongly, increasing 173% to Dh87 million.

Aramex said freight forwarding was the main driver of growth and reached its highest quarterly revenue in the company’s history. Demand was supported by pricing discipline and the company’s ability to provide air, sea and land transport solutions.

To reduce the impact of regional disruption, Aramex introduced new land transport routes between Europe and the Middle East and expanded its charter air and sea operations. The company said these measures helped customers maintain trade flows and ensured continuity of service.

Domestic Express continued to record growth, while International Express shipment volumes remained broadly stable after earlier weakness.

Gross profit increased 19% year on year to Dh392 million in the second quarter. For the first half, gross profit rose 6% to Dh734 million. The gross profit margin stood at 21.4% for both the quarter and the six-month period.

First-half EBIT increased 46% to Dh139 million, while the EBIT margin improved to 4.1% from 3.1% a year earlier. Net profit for the first six months reached Dh64 million, compared with Dh33 million in the same period of 2025 on a normalised basis.

Group Chief Executive Officer Amadou Diallo said the results reflected progress in the company’s strategy and the continued benefits of its Accelerate28 transformation programme. He added that tighter cost control and improved execution were helping strengthen profitability and position the business for long-term growth.

Aramex ended June with a cash balance of Dh503 million and a debt-to-EBITDA ratio of 2.7 times, including the impact of IFRS 16. The company said its financial position remains strong enough to support further investment in transformation, operating capabilities and future expansion.


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