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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% |
- Financial Performance Read more