Aramex reported a net profit of AED 17.0 million for Q1 2026, a slight 1% decrease YoY, while Group revenues rose 2% to AED 1.60 billion as growth in core segments helped offset regional trade disruptions.
Strong performance in January and February 2026 was tempered by a March slowdown caused by regional conflict, with gross profit margins narrowing to 21.4% from 23.3% due to higher fuel costs and line-haul expenses.
The Domestic Express and Logistics segments proved resilient with revenue growth of 11% and 9% respectively, supported by the 'Accelerate28' transformation program which is delivering tangible cost efficiencies across 300 initiatives.
The company strengthened its balance sheet by refinancing AED 815 million of debt into a UAE-domiciled sustainability-linked facility and appointed Amadou Diallo as the new Group CEO effective May 1, 2026.
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