Julius Berger Nigeria Reports Strong 2025 Financials, Proposes Dividend, Eyes West African Expansion

Julius Berger Nigeria PLC has announced a robust financial performance for the 2025 fiscal year, ahead of its 56th Annual General Meeting scheduled for June 18, 2026, in Abuja. The construction giant reported substantial increases in both revenue and profitability, attributing the success to efficient project execution and sound financial management.

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Revenue rose by 34.1 per cent compared to the ₦566.71 billion recorded in 2024, reflecting increased activity across its core business segments.

Revenue for the year surged by 34.1% to ₦696.79 billion, compared to ₦566.71 billion in 2024. This growth reflects heightened activity across the company's primary business segments. Profit Before Tax also saw a significant rise of 38.5%, reaching ₦40.95 billion from ₦29.57 billion in 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 to ₦18.69.

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Profit Before Tax also recorded a notable jump of 38.5 per cent, reaching ₦40.95 billion, up from ₦29.57 billion in the preceding year.

In recognition of the improved results, the Board of Directors has recommended a final dividend of ₦4.25 per share, totaling ₦6.8 billion, subject to shareholder approval at the AGM. Julius Berger attributes this impressive financial outcome to its sustained delivery across its four main operational segments: civil engineering, building construction, services, and diversification. The company actively executed major infrastructure and building projects throughout the country during the year.

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Net profit climbed to ₦30.17 billion, marking one of the company’s strongest performances in recent years, while earnings per share nearly doubled, increasing by 96 per cent to ₦18.69 from ₦9.54 in 2024.

Strategically expanding its reach, Julius Berger has established a new subsidiary in the Republic of Benin, signaling its entry into the broader West African market. This move is expected to unlock new growth avenues. Concurrently, the company is streamlining operations by focusing on its core construction activities. In September 2025, it approved the leasing of its cashew processing facility in Epe, Lagos State, to a specialized operator to ensure productivity while allowing Julius Berger to concentrate resources on its primary engineering and construction endeavors. The company remains optimistic about future prospects, leveraging its strong financial standing and technical expertise to secure new projects both domestically and regionally.

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On the back of the improved results, the Board of Directors has proposed a final dividend of ₦4.25 per share, translating to a total payout of ₦6.8 billion to shareholders, subject to approval at the AGM.