Investor Presentaiton
Financial & Performance Highlights | International Express
International Express Volumes (in million of shipments)
aramex
delivery unlimited
Geographic contributions to int'l express volumes in Q3 2023
-0.3
-5%
5.9
5.8
5.1
5.1
5.4
5.5
-0.2
4.9
0.0
0.0
4.9
-0.3
0.3
-0.1
0.1
0.0
Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023
Q3
2022
GCC MENAT SS
Africa
Europe America North
Asia
South Oceania Q3
Asia
2023
The consolidated International express product delivered 4.9 million shipments in Q3 2023, a decline of 5% YoY. Excluding MyUS, the organic product delivered 9% drop in
volumes, driven by the decline in the e-commerce business. Weakness in the retail sector in the UK impacted a key trade lane for the company, UK into the GCC / MENAT.
•
Overall, volumes in Q3 2023 were supported by the resilience of the business in MENAT, South Asia and the addition of MyUS.
•
We continue to see growth from our premium products (same day and next day - intra GCC) and dangerous goods.
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