Shareholders of Julius Berger Nigeria Plc have approved a total dividend payout of N6.8 billion, representing N4.25 per share, following the company’s impressive financial performance for the 2025 financial year.
The approval was granted at the company’s 56th Annual General Meeting (AGM) held at the Shehu Musa Yar’Adua Centre in Abuja on Thursday.
During the meeting, the company’s management outlined plans to sustain growth through its core construction business and ongoing diversification initiatives.
Chairman of the Board, Goni Musa Sheikh, attributed the company’s strong performance to efficient project execution and prudent financial management.
According to him, Julius Berger recorded a 34.1 per cent increase in revenue, rising to N566.71 billion from the previous year. Profit before tax also grew by 38.5 per cent to N40.95 billion, compared to N29.57 billion recorded in 2024.
The company reported a net profit of N30.17 billion, while earnings per share climbed by 96 per cent to N18.69 from N9.54 in the preceding year.
“The robust results were driven by consistent delivery across civil engineering, building construction, services, and diversification,” Sheikh said.
Managing Director, Engr. Dr. Peer Lubasch, stated that Julius Berger’s long-term growth strategy remains focused on its engineering expertise while leveraging subsidiary operations and regional expansion opportunities.
He explained that the company’s business model integrates construction activities, subsidiary growth, and diversification into a unified strategy aimed at strengthening long-term competitiveness.
According to Lubasch, Julius Berger has remained resilient, disciplined, and adaptable despite prevailing economic challenges.
He added that the company’s core values of excellence, responsibility, courage, and collaboration continue to guide its operations and growth plans.
Lubasch expressed confidence that Julius Berger’s strong financial position and technical capacity would support the successful delivery of future projects both within Nigeria and across the region.
The company also highlighted several landmark infrastructure projects completed or nearing completion, reinforcing its position as one of Nigeria’s leading engineering and construction firms.
Among the projects is the reconstruction of the 5.7-kilometre Port Harcourt Road in Aba, which has significantly improved mobility and commercial activities in the city.
Julius Berger also disclosed that the 38-kilometre Bodo-Bonny Road project in Rivers State is ready for commissioning. The project is expected to boost connectivity and economic development in the region.
Other major projects include the Lagos Northwest Tower, the Lagos-Opebi-Mende Road project, and the Bola Ahmed Tinubu International Centre in Abuja.
The company said its growing portfolio of infrastructure projects, backed by a solid financial foundation and diversified growth strategy, positions it for sustained expansion in Nigeria’s construction sector.
Julius Berger further reported a pre-tax profit of N29.8 billion for the nine-month period ended September 30, 2025, representing a 14.08 per cent increase from N26.1 billion recorded during the corresponding period of 2024.
For the third quarter of 2025 alone, the company posted a pre-tax profit of N16.7 billion, a significant improvement from N1.05 billion recorded in the same quarter of the previous year.
The company maintained that its strong operational performance, strategic investments, and commitment to quality project delivery will continue to drive growth and create value for shareholders.
Julius Berger shares were priced at N151.80 at the close of trading on November 3, 2025.
