Report
EUR 236.14 For Business Accounts Only

Aramex is reaping what it has sown

The leading provider of comprehensive logistics and transportation solutions, Aramex, announced a 36% jump in Q2 2016 Net profit to AED125.7m from AED92.5m in the same period of 2015. Q2 2016 Revenues rose by 17% to AED1.105bn from AED946m in the same period of 2015. In the first half of 2016, revenues increased by 15% year-on-year to AED2.134bn vs AED1.856bn for the corresponding period of 2015. H1 2016 net profit during the same period rose to AED222.5m, up from AED179.2m in the first half of 2015, a year-on-year increase of 24%.
Underlying
Provider
AlphaMena Corporate Services
AlphaMena Corporate Services

AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.

Analysts
Salma KHARBACHI

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