Julius Berger Nigeria Plc reported a pre-tax revenue of N29.8 billion for the nine-month interval ended September 30, 2025, representing a 14.08% improve from N26.1 billion in the identical interval of 2024.
For the third quarter alone, the corporate posted a pre-tax revenue of N16.7 billion, a pointy rise from N1.05 billion in Q3 2024.
The robust Q3 efficiency was pushed by substantial internet international change positive aspects, stable income, and robust funding revenue, which helped the corporate offset elevated impairments and administrative bills to ship a worthwhile quarter.
Key Highlights (Q3 2025 vs Q3 2024)
- Income: N197.37 billion (Up 22.4%)
- Gross Revenue: N20.15 billion (Up 7.4%)
- Working Revenue: N14.78 billion (In comparison with a lack of N3.28 billion in Q3 2024)
- Funding Revenue: N3.10 billion (Down from N5.05 billion)
- Finance Price: N1.16 billion (Up from N711.5 million)
- Revenue Earlier than Tax: N16.71 billion (Up 1,481%)
- Earnings Per Share: N6.91 (Up from N0.39)
Driving the Numbers
Julius Berger recorded income of N197.37 billion in Q3 2025, a 22.4% improve from N161.23 billion in the identical interval final yr.
- The expansion was pushed by elevated exercise in civil works, which accounted for over 79% of the nine-month complete, adopted by constructing works.
Price of gross sales rose 24.4% to N177.2 billion, leading to a gross revenue of N20.15 billion, up 7.4% year-on-year. A key enhance to earnings got here from N48.56 billion in different positive aspects, largely from international change positive aspects of N45.83 billion, reversing losses recorded final yr.
- Nevertheless, administrative bills elevated to N26.16 billion from N18.77 billion.
- Impairment costs on receivables additionally jumped to N27.68 billion from N1.82 billion, seemingly attributable to delayed contract funds.
Regardless of these pressures, working revenue stood at N14.78 billion, in comparison with a lack of N3.28 billion in Q3 2024. Finance prices rose to N1.16 billion however have been offset by N3.10 billion in funding revenue.
Total, revenue earlier than tax surged to N16.71 billion, whereas internet revenue reached N11.14 billion, a robust rebound from N706.7 million a yr earlier.
Stability sheet snapshot
Julius Berger’s stability sheet exhibits stable development, with complete property rising to N1.09 trillion from N821.2 billion a yr earlier.
- Property, plant, and tools accounted for the most important share at N298.5 billion, whereas money and bank balances stood at N188.4 billion.
Shareholders’ fairness additionally strengthened, as retained earnings elevated to N72 billion from N56.4 billion in the identical interval final yr.
Complete liabilities climbed to N750.8 billion from N650.1 billion, pushed largely by contract liabilities, which made up the majority at N508.4 billion.
Julius Berger is at the moment priced at N151.80 as of the buying and selling day ended November 3, 2025.
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