Aramex profit jumps 817% to Dh48 million in Q3 on strong freight forwarding growth and cost management

Résumé détaillé

Aramex reported an 817 per cent year-on-year increase in net profit to Dh48 million in the third quarter of 2026, compared with Dh5.2 million a year earlier, as revenue reached a…

Aramex reported an 817 per cent year-on-year increase in net profit to Dh48 million in the third quarter of 2026, compared with Dh5.2 million a year earlier, as revenue reached a record Dh1.98 billion, driven by strong growth in its freight forwarding business.

The Dubai-listed logistics company said quarterly revenue rose 24 per cent from Dh1.6 billion in the same period last year, marking its second consecutive quarter of record sales after achieving Dh1.83 billion in the second quarter.

For the first nine months of 2026, Aramex's net profit surged 759 per cent to Dh112 million, compared with Dh13 million during the same period in 2025. Revenue increased 16 per cent to Dh5.41 billion.

Earnings before interest and taxes rise 46 per cent to Dh94 million in the third quarter, while earnings before interest, taxes, depreciation and amortization increased 16 per cent to Dh190 million.

Aramex said freight forwarding remained the main driver of revenue growth, delivering another record quarter following its strong performance in the previous three months.

The segment benefited from sustained customer demand, pricing discipline and the company's diversified transportation network.

Revenue increased across all four business segments, including Domestic Express, International Express, Freight Forwarding, and Logistics and Supply Chain Solutions.

The company maintained uninterrupted services during the quarter by using alternative Europe-to-Middle East land routes and additional air and sea charter capacity to respond to changing market conditions.

Gross profit increased 12 per cent to Dh415 million during the quarter, although the gross profit margin narrowed to 21 per cent from 23.2 per cent a year earlier, reflecting a greater contribution from freight forwarding.

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