Aramex posts record $517m Q3 revenue as freight forwarding drives growth

INDUSTRIAL NEWS

Aramex, a global provider of comprehensive logistics and transportation solutions, has reported a group revenue of AED1.98 billion ($517 million) for the third quarter, up 24% over last year, thus surpassing the previous quarterly record achieved in Q2. The revenue for the first nine months surged 16% to hit AED5.4 billion ($1.5 billion).

Announcing its financial results for the third quarter and nine-month period ended September 30, 2026, Aramex said the revenue growth and management of operating costs and overheads supported improved profitability during the quarter. EBIT increased 46% to AED94 million, while Net Profit grew 817% to AED48 million, compared with Q3 2025 results.

Aramex said it had delivered its highest quarterly revenue in the company's history for the second consecutive quarter. The performance surpassed the previous record achieved in Q2 2026, when revenue reaching AED1.83 billion, reflecting continued growth momentum. 

Freight Forwarding remained the primary driver of Group revenue growth, delivering another record quarter in Q3 2026, following the milestone achieved in Q2 2026. 

Sustained customer demand, pricing discipline and the Company's diversified multimodal offering continued to support performance, alongside solutions tailored to customer requirements, it stated.

According to Aramex, freight forwarding revenue grew significantly, surpassing the previous quarterly high achieved in Q2 2026, remaining the primary driver of Group revenue growth. 

Growth continued to be supported by customer demand, pricing discipline and Aramex's diversified multimodal offering, with customer-focused solutions helping maintain uninterrupted deliveries, it stated.

On the solid performance, Group CEO Amadou Diallo said: “Delivering our highest quarterly revenue for the second consecutive quarter marks another important milestone for Aramex. Following the record performance achieved in Q2, we have continued this momentum into Q3, with Freight Forwarding once again leading our growth.”

“The improvement in profitability also reflects our continued focus on disciplined execution, operational efficiency and strengthening the Company's financial performance,” he stated.

“Throughout the quarter, our teams remained focused on meeting customer requirements and delivering reliable services across our network. Our diversified operating model and multimodal capabilities continue to provide the flexibility needed to respond to changing market conditions and evolving customer needs. I would like to thank our people for their dedication, adaptability and continued commitment to serving our customers,” he added.

For the first nine months of 2026, Aramex said its ebit increased 65% to AED233 million compared with the 9M 2025 period, with EBIT Margin expanding to 4.3% compared with 3.0% in the prior-year period. Net Profit reached AED 112 million, an increase of 759% from the corresponding AED13 million in 9M 2025. 

The improvement reflects stronger operating profitability during the year, supported by continued cost management and the company's focus on executing its transformation priorities.

Additionally, Aramex maintained uninterrupted services during Q3 2026, leveraging its established network and flexible routing capabilities to support customer supply chains. 

Alternative Europe-to-Middle East land routes and air and sea charter capacity continued to provide transportation options, while proactive commercial measures helped address operating pressures across relevant markets.

Revenue growth extended across all four business segments during Q3 2026, with Domestic Express, International Express and Logistics & Supply Chain Solutions, all recording year-on-year increases, it stated.

Overall, Aramex's Q3 2026 performance was supported by revenue growth across all four business segments, improved profitability and continued operational resilience.

The results reflect the Company's diversified business model and its ability to respond to evolving customer requirements, it added.-TradeArabia News Service

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