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Julius Berger Nigeria Plc has announced a strong financial performance for the year, with shareholders approving a total dividend payout of N6.8 billion, equivalent to N4.25 per share, following significant growth in revenue and profitability.
The approval was given at the company’s Annual General Meeting held on Thursday in Abuja, where management described the period as one driven by efficient project execution and disciplined financial management.
Board Chairman, Engr. Goni Musa Sheikh, told shareholders that the construction giant recorded robust growth across key indicators. Revenue rose by 34.1 percent from N566.71 billion in 2024, supported by increased activity across its core business segments.
Profit Before Tax climbed by 38.5 percent to N40.95 billion, up from N29.57 billion in the previous year, while net profit reached N30.17 billion—one of the company’s strongest performances in recent years. Earnings per share also nearly doubled, rising 96 percent to N18.69 from N9.54 in 2024.
Sheikh attributed the results to steady execution across the company’s four main operational areas.
“The robust results were driven by consistent delivery across civil engineering, building construction, services, and diversification,” he said.
He added that Julius Berger successfully delivered several major infrastructure and building projects nationwide, strengthening its position as one of Nigeria’s leading engineering and construction firms.
Looking ahead, Sheikh expressed optimism about sustained growth, citing the company’s strong financial base and technical expertise as key advantages in securing new projects both within Nigeria and across the wider region.
He said the company remains well positioned for long-term expansion in the infrastructure sector, supported by its operational strength and strategic focus.
Managing Director, Engr. Dr. Peer Lubasch, said the company’s strategy continues to revolve around its core engineering and construction strengths, while also expanding through subsidiaries and regional diversification.
“The values that define Julius Berger remain unchanged, excellence, responsibility, courage and collaboration,” Lubasch said.
He explained that despite economic challenges, the company has remained focused and disciplined in execution, guided by a structured growth model.
“Julius Berger integrates our core construction business, the growing contribution by our subsidiaries, the second pillar, and then the third pillar is the deliberate diversification initiatives. And it’s all combined into a unified growth model designed for long-term competitiveness and sustainability,” he said.
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Lubasch added that the company’s approach combines core operations, subsidiary growth, and diversification into a single strategy aimed at long-term stability and competitiveness.
He further stressed that the firm’s guiding principles remain unchanged despite economic pressures.
“Despite the present-day economic realities, Julius Berger has remained focused, agile and disciplined in execution,” he said.
“Our success continues to be guided by our well-established and forward-looking strategy,” he added.
Lubasch also highlighted key project milestones achieved by the company during the period.
He cited the reconstruction of Port Harcourt Road in Aba, Abia State, as a major success. The project involved a 5.7-kilometre dual carriageway, rehabilitation works, and the installation of drainage and safety infrastructure.
“Commissioned with His Excellency, the state Governor in October 2025, this project has significantly improved urban mobility and commercial connectivity within Aba, one of Nigeria’s key commercial hubs. The successful delivery of this project again demonstrates our capability to execute complex urban infrastructure projects to the highest standards,” he said.
He also highlighted the Bodo-Bonny Road project, describing it as one of Nigeria’s most strategic infrastructure developments.
The 38-kilometre road, built across swamp terrain, includes multiple bridges and pipeline crossings. Lubasch said the project, once commissioned, would transform connectivity to Bonny Island and boost economic activity in Rivers State.
“We are pleased that the project is ready for commissioning. The road will significantly improve connectivity to Bonny Island, unlock economic opportunities and further strengthen industrial and community development within River State,” he said.
“This project continues to showcase our engineering expertise and our ability to deliver in technically very challenging environments,” he added.
Lubasch also referenced other completed projects, including the Lagos Northwest Tower, Lagos-Opebi-Mende Road, and the Bola Ahmed Tinubu International Centre in Abuja, noting that they reinforce the company’s track record in delivering major national infrastructure projects.
