FINANCIAL ANALYSIS AND
PERFORMANCE REVIEW

Aramex Delivers Double-Digit Topline Performance for FY 2024, Driven by Consistent Volume Growth Across Key Products

Aramex delivered a robust financial performance in 2024, reflecting the momentum across our core business lines and market share gains in key markets. Revenue grew by 11% to AED 6.3 billion in 2024, setting a solid foundation for our full-year performance.

In Thousands of UAE Dirhams FY 2024 FY 2023 % Change (YoY)
Revenues 6,324,444 5,694,022 11%
Gross Profit 1,512,203 1,426,929 6%
Gross Profit Margin 23.9% 25.1%
EBIT 296,675 266,661 11%
EBIT Margin 4.7% 4.7%
EBITDA 650,304 627,732 4%
EBITDA Margin 10.3% 11.0%
Net Profit 141,811 129,297 10%
Net Profit Margin 2.2% 2.3%
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