Aramex Delivers Record Half Year Results

Aramex (DFM: ARMX), the leading global logistics and transportation solutions provider, today announced its Half Year Financial Results for 2014, delivering record growth in the first six months of the year. Aramex’s half year 2014 Revenues increased to AED 1,768 million, up 7% compared to AED 1,647 million in the corresponding period of 2013, and Net Profits rose to AED 159.5 million, up from AED 141.6 million in the first half of 2013, an increase of 13%.

Following a robust Q1 performance, strong momentum in the business continued through Q2. Q2 Revenues increased to AED 917 million, up 8% compared to AED 852 million from Q1 2014, and Net Profits rose to AED 80.8 million, up from AED 78.7 million in Q1 2014, an increase of 3%. Aramex’s Q2 Revenues were also up 9%, compared to AED 843 million in the corresponding period of the previous year. Aramex Q2 Net Profits additionally rose by 12%, compared to AED 72.3 million in Q2 2013.

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