Home / Knowledge / News / 2007 Aramex best year ever, Fadi Ghandour
2007 Aramex best year ever, Fadi Ghandour
11
Feb '08
Leading total transportation solutions provider Aramex released financial results for 2007, reflecting what is considered to be the company's best year yet.

For the year ending December 31, 2007, Aramex revenues rose from AED 1,364 million to AED 1,784 million, increasing by 31% over 2006, while net profits rose by 28% over the same period, from AED 95.2 million to AED 121.6 million.

Net profits for the fourth quarter went up by 20% to AED 32.1 million, from AED 26.8 million for the same period last year. Revenues for the period were further ahead at AED 495 million, 23% up on the AED 403 million for the same period in 2006.

“We can confidently say that 2007 was Aramex's best year ever. We grew in size, reach, capability, and reputation. And we did it in a thoughtful, measured, and sustainable manner that will enable us to continue leveraging our strengths as we move boldly into 2008,” said Fadi Ghandour, founder and CEO of Aramex.

Capitalizing on current outsourcing trends across the region, Aramex has been able to win major logistics contracts in 2007 by diversifying its offering through products and services that combine some of the most advanced technologies and innovative solutions on the market.

Key infrastructure investments across the Middle East have also enabled the company to grow its profitable logistics business, while strategic acquisitions in Singapore and Indonesia have extended the company's reach across lucrative emerging markets.


Must ReadView All

EU, Japan finalise Economic Partnership Agreement

Textiles | On 18th Dec 2017

EU, Japan finalise Economic Partnership Agreement

Building on the political agreement reached in principle during the...

WTO, ITC launch cotton portal to enhance transparency

Textiles | On 18th Dec 2017

WTO, ITC launch cotton portal to enhance transparency

The World Trade Organisation (WTO) and the International Trade Centre ...

India much behind China in containerised cargo capacity

Textiles | On 18th Dec 2017

India much behind China in containerised cargo capacity

India’s total containerised cargo capacity of 8.75 million...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search