Aramex International LLC

News Detail

Press release News vom 05.02.2015

Aramex Posts Decade of Consecutive Record Profits
  • 2014 Full Year Net Profits and Revenues witness double digit growth
  • Highest revenues and profits ever in Q4

Dubai, UAE; February 5, 2015: Aramex (DFM: ARMX), the leading global logistics and transportation solutions provider, today announced its Full Year Financial Results for 2014 -  the tenth consecutive year of record profits since the company was listed on the DFM.

The company’s 2014 Full Year Revenues reached AED 3,650 million, up 10% compared to AED 3,321 million in the previous year while Full Year Net Profits touched AED 318.4 million, an increase of 15% compared to AED 278 million in 2013. Aramex’s 2014 growth was supported by robust growth in the last quarter of the year. Q4 revenues increased to AED 959 million, up 13% compared to AED 850 million in the corresponding period of 2013, while net profits rose to AED 89.4 million, up from AED 76.4 million in Q4 2013, an increase of 17%.  

Commenting on the results, Hussein Hachem, Aramex Chief Executive Officer said: “Aramex has had another very strong set of results in 2014. Our performance was driven by solid revenue growth primarily in international and domestic express, as well as the continued expansion of our innovative e-commerce platform across key growth markets. Aramex also achieved solid growth across its geographies, with the GCC remaining the largest contributor to revenues in 2014.”

Aramex’s International Express business recorded a strong performance in Q4 with revenues growing 18% to AED 335 million. Revenues were driven primarily by robust e-commerce growth in Aramex’s core and growth markets supported by the solid performance in the sector in both Europe and the U.S. Going forward, Aramex expects significant express opportunities in these markets.

The Domestic Express business saw revenues of AED 203 million in Q4, an increase of 26% from Q4 last year. This is due to increased demand for Aramex domestic services for both businesses and individuals in key markets. In addition, our recent acquisition of Australia-based Mail Call Couriers was a significant contributor to this growth.

Aramex’s Logistics and Supply Chain Management business also performed strongly. Revenues in Q4 grew 19% to AED 54 million, with Full Year revenues growing 17% to AED 198 million, driven by increased demand for retail and oil and gas services.

Freight Q4 revenues increased slightly by 4% to AED 315 million and Full Year revenues up 1% to AED 1,247 million. However Aramex expects to see an improvement in freight performance in 2015 due to the recent decline in oil prices and increase in trade, which may encourage an economic rebound in our trading routes across Asia, Africa and Europe.

Commenting on Aramex’s outlook for 2015, Hussein Hachem said: “We are very confident about extending our growth momentum and strong performance into 2015. Our asset light model will remain a key factor for Aramex’s business expansion supported by our strategic investments in innovative and transformational technologies to enhance customer experience and improve our operational efficiencies. Furthermore our aggressive acquisition strategy will set the pace for our growth in 2015 supporting the expansion of global connectivity by deepening trade links between high-growth markets.”

In 2014, Aramex significantly expanded its global footprint with a number of franchise agreements, joint ventures and acquisitions across Africa, South East Asia and Australia including InPost, Mail Call Couriers, Leo Global Logistics and PostNet South Africa with franchises in various countries across Sub Sahara Africa. Aramex will continue to remain bullish on its outlook for its markets in these regions, investigating more acquisition opportunities with companies that have suitable, scalable synergies with its existing infrastructure.


-End-

About Aramex:

Aramex (DFM: ARMX) is a leading provider of comprehensive logistics and transportation solutions. Established in 1982 as an express operator, the company rapidly evolved into a global brand recognized for its customized services and innovative multi-product offering. Traded on the NASDAQ from 1997 to 2002, Aramex today is a publicly traded company on the Dubai Financial Market, employing more than 13,900 people in 354 locations across 60 countries and leads a strong alliance network providing global presence, and bringing together 40 independent express companies from around the world. The range of services offered by Aramex includes integrated logistics solutions, international and domestic express delivery, freight forwarding, secure records and information management solutions, and e-services, including e-business solutions and Shop and Ship. For more information, please visit us at www.aramex.com. Follow us on Twitter: @aramex.

For more PR information, please contact:

Public Relations Team; Weber Shandwick MENA; Tel: +971 4 445 4222; Email: ahedra@webershandwick.com

OR

Adeti Changulani, Aramex International Team, Tel: +971 600 544 000, Email: adeti.changulani@aramex.com

Diese Inhalte werden Ihnen präsentiert von unserem Kooperationspartner