Julius Berger Nigeria Plc, yesterday, announced strong financial performance, marked by higher revenue and profitability, while shareholders unanimously approved a total dividend payout of N6.8 billion, equivalent to N4.25 per share.

The company described the period as one defined by efficient project delivery and sound financial management.

Speaking at the company’s yearly general meeting held yesterday in Abuja, Board Chairman, Goni Musa Sheikh, said revenue grew by 34.1 per cent from N566.71 billion recorded in 2024, driven by increased activity across key business segments.

Profit before tax (PBT) also rose significantly by 38.5 per cent to N40.95 billion from N29.57 billion the previous year. Net profit reached N30.17 billion, reflecting one of the company’s strongest performances in recent years, while earnings per share nearly doubled, climbing 96 per cent to N18.69 from N9.54 in 2024.

Sheikh attributed the robust results to consistent delivery across the company’s four main operational areas: civil engineering, building construction, services, and diversification.

He noted that Julius Berger executed several major infrastructure and building projects nationwide, reinforcing its position as a leading engineering and construction firm.

Looking ahead, he expressed confidence in the company’s growth prospects, citing its solid financial standing and technical expertise as key advantages in securing new projects both locally and across the region. He added that Julius Berger remains strategically positioned for long-term growth in Nigeria’s infrastructure sector.

Managing Director of the firm, Dr Peer Lubasch, emphasised that the company’s strategy continues to revolve around its core strengths in construction and engineering services, supported by subsidiary operations and regional expansion efforts. He stressed that these elements create new market opportunities beyond traditional construction.

In his address to shareholders, he declared that at the heart of the company’s strategy remain its core operational strengths in civil works, building, construction and services.

He added that the strengths are complemented by the capabilities of our subsidiaries and by our regional diversification efforts, which continue to expand our market access and create additional growth opportunities beyond traditional construction activities. Importantly, the values that define Julius Berger remain unchanged: excellence, responsibility, courage and collaboration.

He said, despite the present-day economic realities, Julius Berger has remained focused, agile and disciplined in execution.