Julius Berger Nigeria Plc has posted a strong financial performance, reporting significant growth in revenue and profitability, as shareholders approved a total dividend payout of ₦6.8 billion, translating to ₦4.25 per share.
At the company’s Annual General Meeting held Thursday in Abuja, Board Chairman, Goni Musa Sheikh, disclosed that revenue rose by 34.1 per cent to ₦566.71 billion in 2025, driven by increased activity across key business segments. Profit Before Tax climbed by 38.5 per cent to ₦40.95 billion from ₦29.57 billion recorded in 2024, while net profit stood at ₦30.17 billion – one of the company’s strongest showings in recent years. Earnings per share also surged by 96 per cent to ₦18.69, up from ₦9.54 in the previous year.
Sheikh attributed the robust performance to efficient project execution across the company’s core operational areas – civil engineering, building construction, services, and diversification highlighting several major infrastructure projects delivered nationwide.
Annual General Meeting held Thursday in Abuja; 6th from Right is the Chairman, Engr. Goni Musa
Sheikh while to his left is the Managing Director, Engr. Dr. Peer Lubasch.
Looking ahead, he expressed optimism about sustained growth, noting that the company’s strong financial base and technical expertise position it to secure new projects within Nigeria and across the region.
Managing Director, Peer Lubasch, reiterated that the company’s strategy remains anchored on its core strengths in engineering and construction, supported by subsidiaries and regional expansion initiatives aimed at unlocking new market opportunities.
He stressed that the firm’s long-standing values – excellence, responsibility, courage, and collaboration remain central to its operations, even amid prevailing economic challenges.
“Despite present-day economic realities, Julius Berger has remained focused, agile, and disciplined in execution”, Lubasch said, adding that the company’s forward-looking strategy integrates its core construction business, subsidiaries, and diversification efforts into a unified model designed for long-term competitiveness and sustainability.
Highlighting key milestones, Lubasch pointed to the reconstruction of Port Harcourt Road in Aba, Abia State, as a standout project. The initiative involved the construction of a 5.7-kilometre dual carriageway, rehabilitation of existing infrastructure, and installation of extensive drainage and safety systems.
Commissioned in October 2025, the project has significantly improved mobility and boosted commercial activity in the city.