Julius Berger Reaffirms Growth Strategy At 2026 Investors’ Forum

Julius Berger Nigeria Plc has reaffirmed its long-term growth strategy and operational resilience following the presentation of its 2025 financial results and strategic outlook at the company’s 2026 Investors’ Forum.

Speaking during the virtual forum, the Managing Director, Engr. Dr Peer Lubasch, Executive Director, Finance, Mr Christian Hausemann, presented a review of the company’s financial performance, operating environment and future plans to investors, analysts and other capital market stakeholders.

The company reported revenue of approximately ₦759.9 billion for the year ended December 31, 2025, representing a 34.1 per cent increase from the previous year. According to management, the growth was driven by sustained activity in civil engineering and building construction projects, as well as contributions from subsidiaries.

Profit Before Tax rose by 38.5 per cent to ₦41 billion, while Profit After Tax increased to ₦30.2 billion. Management attributed the improved performance to efficient project execution, cost discipline and a diversified client base across the public and private sectors.

Julius Berger also reported total assets of ₦1.081 trillion, maintaining its position among Nigeria’s largest construction companies by asset size.

The company said it retained a strong liquidity position, with cash and cash equivalents of ₦192.1 billion and interest-bearing liabilities of ₦12.9 billion as of the end of the financial year.

Lubasch said the company’s low leverage profile reflects a conservative funding approach and provides flexibility to support operations and pursue growth opportunities.

During the period under review, Julius Berger received improved credit ratings from two agencies. Agusto & Co upgraded the company’s rating from A- to A with a Stable Outlook, while DataPro assigned an A rating with a Positive Outlook.

On sustainability, the company disclosed that it invested about ₦837.9 million in community development initiatives during the year. It also said it is advancing energy transition initiatives and strengthening its environmental, social and governance reporting framework, with plans to publish its first sustainability report aligned with IFRS S1 and IFRS S2 standards by 2027.

Looking ahead, Julius Berger said it intends to strengthen its position in Nigeria’s construction sector through increased engagement with private-sector clients, deeper partnerships with state governments, improved operational efficiency and expanded technical capabilities.

The company also plans to leverage its subsidiaries to enhance specialised construction services and generate additional revenue streams. It said it is consolidating its operations in the Republic of Benin while assessing opportunities for further regional expansion.

Management acknowledged challenges facing the construction industry, including energy market disruptions, supply chain constraints, logistics challenges and volatility in building material costs. However, it said the company had maintained performance through cost-management measures, procurement strategies, and diversified revenue sources.

Commenting on the company’s performance, Lubasch said the 2025 results reflected the strength of its core business model and operational discipline.

“We will continue to build on this foundation by delivering complex projects reliably, maintaining high technical standards and creating sustainable value for shareholders and stakeholders,” he said.