Julius Berger records N40.9bn pre-tax profit

Julius Berger Nigeria Plc has reported a profit before tax of N40.95 billion for the 2025 financial year, representing a 38.5 per cent increase from the N29.57 billion recorded in 2024. The company disclosed this in its latest annual report ahead of its 56th Annual General Meeting (AGM) scheduled for June 18, 2026, in Abuja. […]

Julius Berger Nigeria Plc has reported a profit before tax of N40.95 billion for the 2025 financial year, representing a 38.5 per cent increase from the N29.57 billion recorded in 2024.
The company disclosed this in its latest annual report ahead of its 56th Annual General Meeting (AGM) scheduled for June 18, 2026, in Abuja.
Revenue rose by 34.1 per cent from N566.71 billion in the previous year, while net profit climbed to N30.17 billion. Earnings per share also increased by 96 per cent to N18.69 from N9.54 in 2024.
The Board of Directors has proposed a final dividend of N4.25 per share, amounting to a total payout of N6.8 billion to shareholders, subject to shareholders’ approval.
The company said the performance reflected “a year of efficient project execution and sound financial management.”
It added that the growth in revenue was driven by increased activity across its core business segments, including civil engineering, building construction, services and diversification.
According to the report, sustained delivery of major infrastructure and building projects across the country helped strengthen the company’s position in the engineering and construction sector.
On its regional expansion plans, Julius Berger said the establishment of a subsidiary in the Republic of Benin signalled its entry into the broader West African market.
“The expansion is expected to open new opportunities and drive future growth,” the statement said.
The company also disclosed that it approved the leasing of its cashew processing facility in Epe, Lagos State, to a specialist operator in September 2025 as part of efforts to streamline operations.
The arrangement, it said, would ensure the continued productivity of the facility while allowing the company to focus resources on its core engineering and construction business.
Looking ahead, Julius Berger expressed optimism about its prospects, citing its strong financial position and technical expertise as key factors for securing new projects.
“Our strong financial position and technical expertise remain key drivers for securing new projects both in Nigeria and regionally,” the statement said.

The AGM is expected to provide shareholders with further insights into the company’s performance, dividend proposal and strategic direction for the coming year.