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ARAMEX PJSC

ARAMEX PJSC

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Pressreleases, Reports and Disclosures for ARAMEX PJSC

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Dubai Financial Market News profile image
Dubai Financial Market News
5 months ago
News Update From ARAMEX PJSC
Disclosure: Resignation of BOD member

On Friday, July 25, 2025, Aramex PJSC announced the resignation of Karl David Haglund, a non-executive, independent board member. The resignation will be effective on Wednesday, August 6, 2025, following acceptance by the Board of Directors. The reason for the resignation is personal. The announcement was authorized by Amanda Dahdah, the Governance Officer and Board Secretary.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
5 months ago
News Update From ARAMEX PJSC
Disclosure: Notification from the company

Aramex PJSC announced the completion of a voluntary conditional cash offer by Q Logistics Holding LLC, a subsidiary of Abu Dhabi Developmental Holding Company PJSC, to acquire up to 100% of Aramex's issued and paid-up share capital not already owned by Abu Dhabi Ports Company PJSC. As of 22 July 2025, the offer became unconditional, and the payment to eligible Aramex shareholders has been completed. The shares have been registered in the name of the Offeror. The notification was signed by Amanda Dahdah, Governance Officer and Board Secretary of Aramex PJSC, on 25 July 2025.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
5 months ago
News Update From ARAMEX PJSC
Disclosure: Notification from the company

Aramex PJSC announced that Q Logistics Holding LLC, a subsidiary of Abu Dhabi Developmental Holding Company PJSC, has made a voluntary conditional cash offer to acquire up to 100% of Aramex's issued share capital not already owned by Abu Dhabi Ports Company PJSC. As of the announcement date, all necessary regulatory approvals and conditions have been met, making the offer unconditional. Further details on the offer's timeline and payment to eligible shareholders are included in the attached announcement.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
5 months ago
News Update From ARAMEX PJSC
Disclosure: Resignation of BOD member

On July 21, 2025, Gamal Anwar El Sadat, a non-executive, independent board member of Aramex PJSC, resigned for personal reasons. The resignation was accepted by the Board of Directors on the same date. The document was signed by Amanda Dahdah, the Governance Officer and Board Secretary.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From ARAMEX PJSC
Disclosure: Press release regarding financial results for the first quarter of 2025

Aramex reported stable revenues of AED 1.56 billion for Q1 2025, marking a 1% increase year-on-year. This growth was supported by gains in Domestic Express (up 13%), Freight Forwarding (up 9%), and Logistics (up 21%), which compensated for a 13% decline in International Express. The shift towards nearshoring has led to a change in product mix, with more volumes in short-haul regional and domestic services. Domestic express volumes rose by 8%, land freight LTL by 21%, and land freight FTL by 4%, while warehousing operated near full capacity. Despite these changes, the gross profit margin decreased to 23.3% from 25.7% in Q1 2024, affected by cost inflation and increased direct costs. SG&A expenses rose by 1% year-on-year, representing 20% of total revenues. Aramex maintained a strong financial position with a cash balance of AED 545 million and a Debt to EBITDA ratio of 2.9x. The company also launched "Accelerate28," a transformation initiative aimed at improving pricing and operational efficiencies by reorganizing its geographic activities from eight regions to four.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From ARAMEX PJSC
Disclosure: Financial statements for the 1st QTR of 2025

Aramex PJSC and its subsidiaries have released their unaudited interim condensed consolidated financial statements as of March 31, 2025.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From ARAMEX PJSC
Disclosure: Results of BOD Meeting

On May 7, 2025, Aramex PJSC held a board meeting with all nine members present, achieving a 100% quorum. The meeting involved the approval of the company's unaudited interim condensed consolidated financial statements for the first quarter ending March 31, 2025. Additionally, Ms. Lubna Tareq Ata Shebli was appointed as Acting Chief Financial Officer, effective immediately, to maintain proper segregation of duties and continuity in financial oversight. This follows the appointment of Mr. Nicolas Sibuet as Acting Chief Executive Officer. The meeting also included discussions on business updates and routine matters. The proceedings were documented by Amanda Dahdah, the Governance Officer and Board Secretary for Aramex PJSC.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
7 months ago
News Update From ARAMEX PJSC
Disclosure: BOD meeting

Aramex PJSC has scheduled a meeting for Wednesday, 7 May 2025, at 3:00 PM UAE time. The agenda includes discussing the approval of the company's unaudited interim condensed consolidated financial statements for the first quarter ending 31 March 2025, as well as business updates and routine matters. Amanda Dahdah, the Governance Officer and Board Secretary of Aramex PJSC, is the authorized signatory for this notice.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
8 months ago
News Update From ARAMEX PJSC
Disclosure: Press Release - Resignation of CEO

Aramex, a global logistics and transportation company, announced the resignation of its Group CEO, Othman Al-Jeda, who stepped down for personal reasons after 31 years with the company. The Board of Directors has appointed Nicolas Sibuet, the Chief Financial Officer, as Acting Group CEO effective April 24, 2025. Chairman Captain Mohamed Juma Alshamsi expressed gratitude for Al-Jeda's leadership and contributions. Sibuet, who joined Aramex in January 2022, brings 30 years of industry experience and is expected to lead the company through its next growth phase. Al-Jeda expressed confidence in Sibuet's leadership, while Sibuet thanked the Board for their trust and acknowledged Al-Jeda's impact on the company. Aramex, founded in 1982 and listed on the Dubai Financial Market, operates in over 600 cities across 70 countries, offering a range of logistics services. Sustainability is a key focus of the company's mission.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
8 months ago
News Update From ARAMEX PJSC
Disclosure: Board Decisions by Passing

On April 23, 2025, the Board of Directors of Aramex PJSC issued a resolution by circulation approving the resignation of the Group Chief Executive Officer, Mr. Othman Al-Jeda, effective April 24, 2025. They also approved the appointment of Mr. Nicolas Sibuet as the Acting Group Chief Executive Officer, effective the same date. The resolution was signed by Amanda Dahdah, the Governance Officer and Board Secretary.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
9 months ago
News Update From ARAMEX PJSC
Disclosure: Notification from the company

Aramex PJSC has announced the final results of a voluntary conditional cash offer from Q Logistics Holding LLC, a subsidiary of Abu Dhabi Developmental Holding Company PJSC (ADQ), to acquire up to 100% of Aramex's issued and paid-up ordinary share capital not already owned by Abu Dhabi Ports Company PJSC. The completion of the offer is subject to certain conditions outlined in the Offer Document. Aramex will provide further updates on any significant developments.

1. Attached Document

Dubai Financial Market News profile image
Dubai Financial Market News
9 months ago
News Update From ARAMEX PJSC
Disclosure: Resolutions of General Assembly

On March 20, 2025, Aramex PJSC held a meeting chaired by Mr. Mohamed Juma Alshamsi, with a quorum of 60.88% of capital. The meeting, conducted electronically and in-person in Dubai, approved several resolutions for the year ending December 31, 2024. These included the approval of the Board of Directors' report, the Auditor’s report, the company's balance sheet, and profit and loss account. The recommendation not to distribute cash dividends was also approved, along with the Board of Directors’ remuneration of AED 4,400,000. The members of the Board and the external auditors were absolved from any liability. Ernst & Young was appointed as the auditors for the financial year ending December 31, 2025, with fees set at AED 6,941,214. The meeting also approved the Board Members’ Remuneration Policy, with no special resolutions taken. The meeting details were authorized by Amanda Dahdah, Governance Officer and Board Secretary.

1. Attached Document

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