Aramex reported a net profit of AED 16.8 million for the first quarter ended 31 March 2026, a 5.3% decrease from AED 17.8 million in the same period last year, while profit attributable to equity holders of the parent remained nearly flat at AED 17.0 million.
Revenue from the rendering of services grew by 2.4% year-on-year to AED 1.6 billion, but gross profit margins were pressured as the cost of services rose to AED 1.26 billion, leading to a 5.8% decline in gross profit to AED 342.5 million.
Strategic expansion continued with the 100% acquisition of Ireland-based Hawthorn Logistics Solutions for AED 11.8 million in February 2026, which has already contributed AED 3.7 million in revenue to the group's results.
The group strengthened its capital structure by entering into a new AED 815 million syndicated term loan facility to fully refinance existing debt, while management noted that regional geopolitical tensions are currently being monitored but are expected to have only a temporary impact on operations.
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