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Julius Berger Reports Strong Financial Growth Ahead of AGM

Julius Berger Reports Strong Financial Growth Ahead of AGM

Julius Berger Nigeria PLC is preparing for its 56th Annual General Meeting scheduled for June 18, 2026, in Abuja. The company reported a substantial increase in its financial performance for the 2025 financial year, with revenue rising by 34.1% to ₦566.71 billion compared to ₦422.71 billion in 2024.

Profit before tax saw a notable increase of 38.5%, reaching ₦40.95 billion, up from ₦29.57 billion the previous year. Net profit climbed to ₦30.17 billion, marking one of the company's strongest performances in recent years, with earnings per share nearly doubling by 96% to ₦18.69 from ₦9.54 in 2024.

The board of directors proposed a final dividend of ₦4.25 per share, translating to a total payout of ₦6.8 billion, subject to approval at the AGM. Julius Berger attributed its impressive performance to efficient project execution and sound financial management, alongside the execution of several major infrastructure projects across Nigeria.

The company is also expanding its operations into the Republic of Benin, signaling its entry into the broader West African market.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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