News / A 'critical year' for Agility as it pushes the digital boundaries in logistics

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Agility recorded double-digit growth in revenues and profits for 2017, despite a difficult final quarter for its integrated logistics business, hit by strong yield pressures.

Full-year revenues jumped 14% year-on-year to KD1.4bn ($4.6bn), leading to healthy profit growth of 16% at KD68m.

Chief executive Tarek Sultan described 2017 as a “critical” year for all its business units, as Agility looks to establish itself as the industry’s “leading digital player”.

“Agility posted another year of healthy growth and continued to plant the seeds for a future ...