Aramex has reported stable revenues of approximately AUD 640.8 million for Q1 2025, a 1 per cent year-on-year increase, as strong performances in Domestic Express, Freight Forwarding, and Logistics offset a continued decline in International Express volumes.
The company is adapting its business model to reflect growing nearshoring trends, with customers shifting inventory closer to markets, leading to higher demand for regional and domestic logistics services.
Domestic Express revenue rose to AUD 176.6 million (up 13 per cent), while Logistics and Freight Forwarding posted AUD 52.7 million (up 21 per cent) and AUD 177.5 million (up 9 per cent) respectively. Meanwhile, International Express revenue dropped 13 per cent year-on-year to AUD 229.6 million, reshaping Aramex’s product mix and impacting margins. The Group’s Gross Profit declined 8 per cent to AUD 149.5 million, with a recalibrated margin of 23.3 per cent, down from 25.7 per cent in Q1 2024.
Profitability was also impacted by rising direct costs, cost inflation, and capacity investments. EBITDA fell 19 per cent to AUD 60.25 million, while EBIT declined 34 per cent to AUD 24.97 million. Net profit dropped to AUD 7.02 million, reflecting legal and advisory expenses related to the Q Logistics acquisition offer and a higher effective tax rate driven by new domestic tax laws in the GCC.
Despite the margin pressure, the company reported healthy volume growth in key segments: Domestic Express shipments increased 8 per cent, land freight LTL rose 21 per cent, and warehouse operations neared full capacity. Logistics gross profit also jumped 40 per cent year-on-year.
Aramex has launched a transformation initiative – Accelerate28 – reorganising its operations into four geographic regions and implementing cost and efficiency measures to align with changing industry dynamics. The GCC region continues to be a key growth market, contributing 44 per cent of total group revenue in Q1 2025.