Julius Berger Reports Strong Growth Ahead of 56th AGM

Bennett Oghifo

Julius Berger Nigeria PLC has announced robust financial results for the 2025 fiscal year as it prepares to convene its 56th Annual General Meeting (AGM) on June 18, 2026 in Abuja.

The company’s latest annual report shows significant growth in both revenue and profitability, citing efficient project execution and prudent financial management as key drivers.

Revenue increased by 34.1 percent to ₦566.71 billion, up from the previous year, reflecting higher activity across its core business segments. Profit before tax rose 38.5 percent to ₦40.95 billion, compared with ₦29.57 billion in 2024.

Net profit reached ₦30.17 billion, one of the company’s strongest performances in recent years, while earnings per share nearly doubled, climbing 96 percent to ₦18.69 from ₦9.54 in 2024.

Based on these results, the Board has proposed a final dividend of ₦4.25 per share, amounting to a total payout of ₦6.8 billion to shareholders, pending approval at the AGM.

Julius Berger attributes the strong performance to sustained delivery across its four main operational segments—civil engineering, building construction, services, and diversification. Throughout the year, the firm completed several major infrastructure and building projects nationwide, reinforcing its position as a leading engineering‑construction company.

In a strategic expansion, the company established a new subsidiary in the Republic of Benin, marking its entry into the broader West African market and opening new growth opportunities.

The firm also streamlined operations by leasing its cashew‑processing facility in Epe, Lagos State, to a specialist operator in September 2025. This move is intended to maintain the facility’s productivity while allowing Julius Berger to focus resources on its core engineering and construction activities.

Looking forward, the company remains optimistic about its growth prospects, citing its strong financial position and technical expertise as key enablers for securing new projects both domestically and regionally.

The forthcoming AGM is expected to provide shareholders with further insights into Julius Berger’s performance and strategic direction as it continues to pursue sustained growth in Nigeria’s infrastructure sector and beyond.