Aramex announces 16% net profit growth in the third quarter of 2014

Aramex (DFM: ARMX), the leading global logistics and transportation solutions provider, today announced its financial results for the third quarter of 2014, delivering another strong performance. Aramex’s revenues in the third quarter of 2014 increased to AED 922 million, up 12% compared to AED 824 million in Q3 2013. Net Profits increased 16% to AED 69.5 million, up from AED 59.9 million in Q3 2013.
Commenting on the results, Hussein Hachem, Aramex CEO said: “We are very pleased to have delivered another robust quarter of results. Revenues were once again particularly strong in international express and e-commerce, following our investment in last-mile infrastructure and innovative technology solutions. We remain well positioned to continue to capitalise on the significant opportunities in e-commerce across our growth markets.”

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