Julius Berger Nigeria PLC has announced robust financial results for the 2025 fiscal year, as the construction giant prepares for its 56th Annual General Meeting scheduled for June 18 in Abuja. The company's latest annual report highlights substantial gains in revenue and profitability, which it attributes to efficient project execution and prudent financial management.
Revenue and Profit Growth
Revenue surged by 34.1 percent compared to the N566.71 billion recorded in 2024, driven by heightened activity across its core business segments. Profit before tax (PBT) experienced a notable increase of 38.5 percent, reaching N40.95 billion, up from N29.57 billion in the previous year. Net profit climbed to N30.17 billion, marking one of the company's strongest performances in recent years. Earnings per share nearly doubled, rising by 96 percent to N18.69 from N9.54 in 2024.
Dividend Proposal
Based on the improved results, the Board of Directors has proposed a final dividend of N4.25 per share, translating to a total payout of N6.8 billion to shareholders. This proposal is subject to approval at the upcoming AGM.
Operational Performance and Strategic Moves
Julius Berger attributed its performance to sustained delivery across its four main operational segments: civil engineering, building construction, services, and diversification. During the year, the company executed several major infrastructure and building projects across Nigeria, strengthening its position as a leading engineering construction firm.
In a strategic move to expand beyond Nigeria, the company established a new subsidiary in the Republic of Benin, signaling its entry into the broader West African market. This expansion is expected to unlock new opportunities and drive future growth.
Additionally, Julius Berger streamlined its operations to focus on core activities. In September 2025, it approved the leasing of its cashew processing facility in Epe, Lagos State, to a specialist operator. This decision aims to ensure the facility's continued productivity while allowing the company to concentrate resources on its primary engineering and construction activities.
Outlook
Looking ahead, the company remains optimistic about its growth prospects, citing its strong financial position and technical expertise as key drivers for securing new projects both in Nigeria and the region.
