Julius Berger Nigeria Plc has approved a total dividend payout of N6.8 billion to shareholders after posting strong financial results for the 2025 financial year, with profit before tax rising by 38.5 per cent.
The approval was granted by shareholders at the company’s Annual General Meeting held in Abuja on Thursday.
Speaking at the meeting, Chairman of the Board, Engr. Goni Musa Sheikh, said the construction giant recorded a 34.1 per cent increase in revenue, growing from N566.71 billion in 2024 to N760 billion in 2025. He added that profit before tax rose from N29.57 billion to N40.95 billion during the period under review.
According to him, net profit stood at N30.17 billion, while earnings per share increased significantly by 96 per cent to N18.69 from N9.54 recorded in the previous year.
Sheikh attributed the strong performance to sustained growth across the company’s core business areas, including civil engineering, building construction, services and diversification initiatives.
He said the company successfully delivered major infrastructure and building projects across the country, further strengthening its position in Nigeria’s construction industry.
The board chairman expressed optimism about the company’s future, noting that its strong financial base and technical capacity would support efforts to secure new projects within Nigeria and across the region.
Managing Director, Engr. Dr. Peer Lubasch, said Julius Berger remained focused on its long-term growth strategy despite prevailing economic challenges.
He explained that the company’s business model combines its core construction operations with the growing contributions of its subsidiaries and strategic diversification efforts aimed at expanding market opportunities.
Lubasch said the values guiding the company, excellence, responsibility, courage and collaboration, remained unchanged and continued to drive operational efficiency and sustainable growth.
He noted that Julius Berger’s strategy integrates its construction business, subsidiary operations and diversification initiatives into a unified framework designed to ensure long-term competitiveness.
Highlighting some of the company’s achievements, Lubasch pointed to the reconstruction of Port Harcourt Road in Aba, Abia State, as one of its landmark projects.
According to him, the project involved the construction of a 5.7-kilometre dual carriageway, rehabilitation of existing infrastructure and installation of extensive drainage and road safety facilities.
He said the road, commissioned in October 2025, has improved transportation and boosted commercial activities within the city.
