Julius Berger income climbs to N760.61bn

Julius Berger Nigeria Plc recorded a powerful income efficiency within the 2025 monetary 12 months, with turnover rising to N760.61bn, reflecting sustained exercise throughout its development and infrastructure initiatives.

The development large’s income for the 12 months ended 31 December 2025 elevated from N566.71bn recorded in 2024, in line with its consolidated unaudited monetary statements for the fourth quarter.

For the fourth quarter alone, income stood at N219.80bn, up from N161.20bn within the corresponding interval of 2024, underscoring improved execution of contracts and better mission volumes towards the tip of the 12 months.

Revenue earlier than tax for the complete 12 months rose to N45.95bn, in contrast with N29.57bn in 2024, whereas revenue after tax elevated to N31.11bn, from N15.51bn within the earlier 12 months. Within the fourth quarter, the corporate posted a revenue after tax of N12.85bn, up from N2.66bn in the identical interval of 2024.

Value of gross sales rose to N641.05bn in 2025, from N495.24bn in 2024, reflecting greater mission execution prices consistent with elevated income. Because of this, gross revenue expanded to N119.56bn, in contrast with N71.47bn within the prior 12 months.

Administrative bills stood at N98.58bn, whereas impairment on commerce receivables amounted to N33.25bn, highlighting value pressures and credit score danger administration challenges throughout the 12 months. Nonetheless, these had been partly offset by different features of N47.56bn and funding revenue of N20.26bn.

Finance prices declined to N4.94bn, in contrast with N12.61bn within the earlier 12 months, supporting the stronger profitability recorded in 2025.

Earnings per share improved considerably, rising to N19.28 for the complete 12 months, from N9.54 in 2023. For the fourth quarter, earnings per share stood at N8.00.

On the steadiness sheet, complete belongings elevated to N1.10tn, from N1.02tn on the finish of 2024, pushed largely by progress in property, plant and tools, contract belongings, and money balances. Shareholders’ fairness rose to N304.64bn, in contrast with N345.69bn within the earlier 12 months, whereas retained earnings stood at N157.31bn.

Complete liabilities elevated to N793.91bn, from N667.92bn in 2024, reflecting greater commerce payables, contract liabilities, and financial institution overdrafts linked to expanded operations.