ARAMEX PJSC

Logotype for ARAMEX PJSC
Ticker/ISIN
ARMX
AEA002301017
Market/Country
Dubai Financial Market
United Arab Emirates

About ARAMEX PJSC

Country of Origin: United Arab Emirates (U.A.E)

Aramex PJSC (“the Parent Company”) is a Public Joint Stock Company registered in the Emirate of Dubai, United Arab Emirates on 15 February 2005 under UAE Federal Law No. 8 of 1984 (as amended). The Parent Company and its subsidiaries are (collectively referred to as “the Group” and individually as “Group entities”).

The Parent Company was listed on the Dubai Financial Market on 9 July 2005. The principal activities of the Group are to invest in the freight, express, logistics and supply chain management businesses through acquiring and owning controlling interests in companies in the Middle East and other parts of the world.

Latest Pressrelease Summaries from ARAMEX PJSC

Aramex PJSC has scheduled a meeting for Thursday, 27 November 2025, at 3:00 PM UAE Time. The agenda includes discussing the company's business updates and routine matters. The authorized signatory for the meeting is Amanda Dahdah, who is the Governance Officer and Board Secretary at Aramex PJSC.
Aramex reported stable financial results for Q3 2025, with group revenues remaining steady at AED 1.6 billion, showing no year-over-year growth. The company experienced growth in its Domestic Express (up 5%), Freight Forwarding (up 4%), and Logistics (up 16%) segments, driven by strong regional demand and expanded capacity. However, International Express saw a 9% decline due to nearshoring. Aramex is experiencing a shift towards regional logistics, with brands repositioning inventory closer to end markets, boosting demand for its services. The Logistics segment, although the smallest revenue contributor, showed strong growth in revenue, margins, and profitability, reflecting successful contract optimization and specialized services. Normalized EBIT increased by 9% to AED 74 million, while Normalized Net Profit remained stable at AED 27 million, highlighting the company's focus on operational efficiency. These figures exclude one-off expenses related to a transformation program and acquisition costs. The transformation program, part of the Accelerate28 strategy launched in Q1 2025, includes over 300 initiatives aimed at optimizing operations, with full EBIT impact expected by 2028. As of September 30, 2025, Aramex maintained a strong financial position with AED 575 million in cash and a Debt to EBITDA ratio of 3.0x, supporting future investments and transformation activities.
Aramex PJSC and its subsidiaries have released their unaudited interim condensed consolidated financial statements as of September 30, 2025.
On Wednesday, 12 November 2025, Aramex PJSC held a board meeting from 4:00 PM to 6:05 PM UAE time, with all nine board members present, achieving a 100% quorum. The agenda included approving the unaudited interim condensed consolidated financial statements for the third quarter and the first nine months ending 30 September 2025, as well as discussing business updates and routine matters. The meeting results were documented by Amanda Dahdah, the Governance Officer and Board Secretary.
Aramex has announced the appointment of Amadou Diallo as the new Group Chief Executive Officer, effective May 1, 2026. Diallo, who has over 30 years of leadership experience in the logistics industry, previously served as CEO for the Middle East & Africa at DHL Global Forwarding. Until Diallo assumes his new role, Nicolas Sibuet will continue as Acting Group CEO, ensuring smooth leadership continuity. The Chairman of Aramex's Board, Captain Mohamed Juma Alshamsi, expressed confidence in Diallo's ability to lead the company into its next phase of growth and transformation under its Accelerate28 strategy.
Aramex PJSC has appointed Mr. Amadou Diallo as its new CEO. The decision by the Board of Directors was made on November 7, 2026, and Mr. Diallo will begin his duties on May 1, 2026. Mr. Diallo brings over 30 years of leadership experience in the global logistics sector, having previously served as CEO for the Middle East & Africa at DHL Global Forwarding. Throughout his career, he has held various senior leadership roles, including CEO, CFO, and COO, across Europe, Asia Pacific, the Middle East, and Africa. His leadership style emphasizes collaboration, performance, and innovation. The announcement was authorized by Amanda Dahdah, Governance Officer and Board Secretary at Aramex PJSC.
Aramex PJSC has scheduled a meeting for Wednesday, 12 November 2025, at 4:00 PM UAE Time. The agenda includes discussing the approval of the company's unaudited interim condensed consolidated financial statements for the third quarter and the first nine months ending on 30 September 2025, as well as business updates and routine matters. The notice is authorized by Amanda Dahdah, the Governance Officer and Board Secretary of Aramex PJSC.
Aramex reported stable group revenues of AED 3.06 billion for the first half of 2025, with a 1% year-over-year increase. The company experienced growth in domestic and logistics revenue, up 13% and 22% respectively, while international express revenue declined by 15%. The shift towards regional logistics solutions is attributed to increased demand for proximity to consumers. Despite stable revenues, profitability was under pressure due to a decline in high-margin international express contributions, resulting in a 6% decrease in gross profit. One-off expenses related to acquisitions and restructuring further impacted earnings, with normalized EBIT and net income showing significant declines. The company is implementing the Accelerate28 transformation program to adapt to industry changes. Additionally, Aramex became a subsidiary of ADQ following a 63% share acquisition, which is expected to foster innovation and growth.

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DFM News

News Update From ARAMEX PJSC

Disclosure: Results of BOD meeting

1. Attached Document

DFM News profile image

DFM News

News Update From ARAMEX PJSC

Disclosure: BOD meeting

1. Attached Document

Page 10