ARAMEX PJSC

ARAMEX PJSC

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Aramex Achieves Record Revenue in Q2 2026

Summary

Aramex PJSC reported record revenues for Q2 2026, marking a 22% year-on-year increase. The company saw significant growth in its freight forwarding segment and improved profitability, despite regional disruptions.
Aramex PJSC has reported its highest quarterly revenue to date, driven by strong performance in freight forwarding.

Aramex PJSC, a leading logistics and transportation solutions provider based in the United Arab Emirates, has announced record-breaking financial results for the second quarter of 2026. The company reported Group revenues of AED 1.83 billion, a remarkable 22% increase compared to the same period last year, marking the highest quarterly revenue in its history. This achievement underscores the company's robust operational model and strategic execution.

The freight forwarding segment was a standout performer, delivering its highest quarterly revenue ever. This success was driven by strong customer demand, pricing discipline, and Aramex's diversified multimodal offerings. The company adeptly navigated regional disruptions by activating alternative routes across its Middle East gateway network, including Europe-to-Middle East land solutions and air and sea charter capacity. These strategic moves ensured trade flow continuity and supported profitable growth.

Aramex's profitability also saw a significant boost. The company nearly tripled its EBIT to AED 87 million and increased its net profit sevenfold to AED 47 million compared with the previous year's normalized results. This improvement was attributed to continued revenue growth, disciplined management of operating costs, and the successful implementation of the Accelerate28 initiatives.

Operational resilience was a key theme for Aramex during this period. Despite ongoing regional disruptions, the company maintained uninterrupted service, leveraging its diversified network and flexible routing capabilities. The Domestic Express segment continued to grow, while the International Express business stabilized, indicating a recovery from previous declines.

The Accelerate28 program played a crucial role in Aramex's improved operational performance and profitability. This transformation initiative is set to continue contributing to the company's long-term growth priorities.

Financially, Aramex remains strong, with a cash balance of AED 503 million and a Debt to EBITDA ratio of 2.7x as of 30 June 2026. This solid financial footing supports the company's ongoing transformation program and long-term growth objectives.

Given the impressive financial performance and strategic initiatives in place, investors may consider holding their positions in Aramex. The company's ability to adapt to challenges and its focus on growth and profitability suggest a stable outlook.

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