June 19, 2014

Julius Berger Nigeria Plc holds 44th Annual General Meeting

On June 19, Julius Berger Nigeria Plc (Julius Berger) held its 44th Annual General Meeting (AGM) in Abuja. The Board of Directors and Executive Management presented Julius Berger’s business results of the financial year 2013 to its shareholders.


For 2013, the group’s turnover rose by 5.5 % from 201.6 Billion Naira to 212.7 Billion Naira, reflecting the financial and strategic progress of Julius Berger and its subsidiaries. Further, Julius Berger declared an impressive 31.4 % increase in Profit Before Tax (PBT) in 2013 from 12.3 Billion Naira to 16.2 Billion Naira.

The Chairman of Julius Berger, AVM (Dr.) M. Nurudeen Imam, CFR, addressed shareholders on performance and key accomplishments for 2013. The Chairman elaborated that Julius Berger’s healthy business performance can be attributed to the continued optimization of Julius Berger’s business structures and operational procedures as well as careful planning resulting in greater efficiency and allocation of resources.

Amongst other achievements, the successful renewal of the International Organisation for Standardisation (ISO) certification was mentioned, reflecting Julius Berger’s continuously improving quality standards. Also highlighted were awards given to Julius Berger, including Golden Award for Proficiency in partnership awarded by The Nigerian Society of Engineers.

 

Julius Berger Synopsis

Julius Berger Nigeria Plc is a Nigerian company offering integrated construction solutions. The company has been operating in Nigeria since 1965 and its scope covers all areas of construction. Julius Berger is dedicated to utilization of cutting-edge technologies and the long term training and education of its staff of 18,000 people. Integrity, transparency, safety and sustainability are the pillars of Julius Berger’s structures and behaviors. The company is committed to being a responsible corporate citizen and actively seeks out opportunities to make measurable differences in the future of people and communities. Key areas of focus include Health, Education and Sports.


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