Julius Berger posts N30.17bn profit, proposes N6.8bn dividend ahead of 56th AGM

Julius Berger Nigeria Plc has reported a strong financial performance for the 2025 financial year, recording significant growth in revenue and profitability ahead of its 56th Annual General Meeting (AGM) scheduled for June 18, 2026, in Abuja.

According to the company’s latest annual report, revenue rose by 34.1 per cent from ₦566.71 billion recorded in 2024, reflecting increased activity across its core business operations.

Profit Before Tax (PBT) increased by 38.5 per cent to ₦40.95 billion, compared to ₦29.57 billion in the previous year, while net profit climbed to ₦30.17 billion, representing one of the company’s strongest performances in recent years.

The construction giant also reported a sharp rise in earnings per share, which nearly doubled from ₦9.54 in 2024 to ₦18.69, marking a 96 per cent increase.

On the strength of the improved financial results, the Board of Directors has proposed a final dividend of ₦4.25 per share, amounting to a total payout of ₦6.8 billion to shareholders, subject to approval at the upcoming AGM.

Julius Berger attributed the performance to sustained project delivery across its four major operational segments—civil engineering, building construction, services and diversification.

The company said it successfully executed several key infrastructure and building projects across Nigeria during the year, reinforcing its position as one of the country’s leading engineering and construction firms.

In a move aimed at expanding its regional presence, Julius Berger established a new subsidiary in the Republic of Benin during the year, marking its entry into the wider West African market.

The company noted that the expansion is expected to create new business opportunities and support long-term growth.

As part of efforts to streamline operations and focus on its core business, Julius Berger approved the leasing of its cashew processing facility in Epe, Lagos State, to a specialist operator in September 2025.

The company said the decision would ensure continued productivity at the facility while allowing it to concentrate resources on its primary engineering and construction activities.

Looking ahead, Julius Berger expressed confidence in its growth prospects, citing its strong financial position and technical expertise as key advantages in securing new projects within Nigeria and across the region.

The forthcoming AGM is expected to provide shareholders with further details on the company’s performance, strategic priorities and future growth plans.