Julius Berger Nigeria Plc Reports N40.9bn Profit for 2025
Julius Berger Nigeria Plc disclosed a pre-tax profit of N40.9 billion for the financial year 2025, representing a 38.5% increase from N29.57 billion recorded in 2024. The company's revenue rose by 34.1% to N566.71 billion compared to the previous year.
Net profit climbed to N30.17 billion, and earnings per share increased by 96% to N18.69 from N9.54 in 2024. The Board of Directors proposed a final dividend of N4.25 per share, amounting to a total payout of N6.8 billion, subject to shareholder approval.
The company attributed its performance to efficient project execution and sound financial management, with growth driven by increased activities across its core business segments, including civil engineering and construction services. Julius Berger also plans to establish a subsidiary in the Republic of Benin to expand into the broader West African market, which is expected to open new opportunities for future growth.
The company expressed optimism about its prospects, citing strong financial position and technical expertise as key drivers for securing new projects.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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