Aramex Announces record profit growth in the First Quarter of 2014

Aramex (DFM: ARMX), the leading global logistics and transportation solutions provider, today announced its financial results for the first quarter of 2014, recording a robust start to the year. Aramex’s Net Profits increased 14% to AED 78.7 million, up from AED 69.3 million in Q1 2013. Revenues in the first quarter of 2014 increased to AED 852 million, up 6% compared to AED 803 million in Q1 2013.

The performance was driven by substantial growth in Aramex’s key geographies in the Middle East, sub-Saharan Africa and Asia and across its core businesses in express, logistics and freight.

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