Julius Berger: Most Valuable Brand in Building and Construction Services in Nigeria

Julius Berger Nigeria Plc is a leading Nigerian company offering holistic services covering the planning, design, engineering, construction, operation and maintenance of buildings, infrastructure and industry projects in Nigeria.

The success history of the firm together with the shared values that define its culture and way of working gives its clients the confidence to trust the company with their most demanding projects. In terms of operating sustainability, the company adheres to the highest standards for quality and safety. To maintain excellence in construction, Julius Berger stay at the forefront of the industry, continuously building on her robust experience and strong technical expertise through development and innovation for the creation of long-term value for stakeholders.

Julius Berger marked its 50th anniversary this year. Over the years of operations in Nigeria, the firm has been consistent with Corporate Social Responsibility to its host community. In commemoration of its 50th anniversary, the company recently built and hosted Federation of Construction Industry (FOCI) and Deutsce Gescellschaft fur Internationale Zusammenarbeit GmbH (GIZ) for operation of pioneer artisanal Skills Academy in Abuja.

The Managing Director of Julius Berger Nigeria Plc, Engr. Dr Lars Richter, described it as a celebratory pride for the nation’s leading engineering construction company to participate in the great initiative to build and host the pioneer Federation of Construction Industry (FOCI) artisanal skills development academy in Abuja the Federal Capital Territory.

According to Richter, the Academy building, when completed, will house two Carpentry training workshops of 348 m2 each; two Masonry training workshops of 348 m2 each; one Plumbing training workshop of 348 m2; one Welding training workshop of 348 m2; and ancillary facilities, such as offices, kitchen, first aid area and canteen.

Richter who has since positively established an uncommon managerial reputation in the industry for seeking all feasible and productive means to work and preserve the jobs, careers and means of livelihood of workers even in the face of the novel challenges and existential threat the construction industry encountered sequel to the advent and onslaught of the Covid-19 pandemic, said that the FOCI-JBN Academy will not only improve the construction industry in Nigeria, but that it will also help “to advance the livelihood of those individuals working across various trades, advancing their skills and confidence for the benefit of their long-term careers”.

During the lockdown caused by Covid-19 pandemic, Julius Berger contributed immensely in the fight against the viral infection through donations of palliatives which include healthcare facilities, food items and other consumables to host communities.

The share price of Julius Berger is currently N17.55 with a year high of N22.92 and a year low of 14.90. It is trading 17.79% above its 52 weeks low of N14.90 and 23.43% away from its 52 weeks high of N22.92. A position in the share price of Julius Berger has an uptrend potential of 23.43 %.

Going by its book value of N24.59, against its share price of N17.55, it could be said the share price of Julius Berger is undervalued. At that, there is growth potential in the share price of Julius Berger.

Despite the challenging year, Julius Berger declared a turnover of N168 billion for the period ended, 30 September 2020. The impact of Covid-19 pandemic was felt on the bottom line figures of the construction giant as lockdown affected business operations across the country. This is not out of place as most organization were not spared by covid-19 pandemic.

Julius Berger Nigeria recentlyemerged as the most valuable brand in the Building and Construction Services Category at the 2020 edition of #IAMBRANDNIGERIA’s Top 50 Brands Nigeria.The development makes it a record fifth consecutive time the company is winning the Award at the highly coveted top brands in Nigeria.

The Group Head of Julius Berger’s Media Relations Office, Prince Moses Duku while receiving the highly coveted and prestigious award on behalf of the construction giant said, “We thankfully accept your award of ‘the Most Valuable Branding the Building and Construction Services Category’ as well as the ‘Highest Gainer YoY’ at the 2020 edition of #IAMBRANDNIGERIA’s Top Brands Nigeria to Julius Berger Nigeria PLC.  We note too that the foregoing is part of the outcome of the brand evaluation report of your organization which was made public recently. You may wish to note that of recent, Julius Berger Nigeria PLC made bold to declare that given its multifaceted experience in engineering construction work across Nigeria, no job, no matter the challenges and regardless of the scope, is too difficult for us to handle and deliver and promptly so to our highly valued clients. We confidently, verifiably remain your most trusted and matchless partner for project success. On behalf of the Executive Management and entire staff of Julius Berger Nigeria Plc, I wish to appreciate and thank the BrandNigeria Organization for the objectivity that has continued to guide the ratings and which has kept the nominations for the awards only merit-driven and therefore hotly coveted by every worthy and viable business corporation in Nigeria.”

Tracing the history of its works in Nigeria back to the construction of Eko Bridge in Lagos in 1965, throughout this time Julius Berger’s role in the development of Nigeria was also evolving. Proven to be a company that consistently delivered reliable solutions, Julius Berger has become the pivotal partner in the building of the country’s industrial and civil infrastructure, and also a key collaborator in the development of Nigeria’s beautiful capital, Abuja as well as infrastructures across the States of the country. In addition to construction of key roads, railways, ports and dams, which are all still part of the company’s portfolio. Julius Berger is known for constructing most of Nigeria’s infrastructures, Bridges and also residential buildings. Today, Julius Berger maintains its role as the most trustworthy and reliable partner in Nigeria’s progress, and as such, is listed as Nigeria’s leading Construction Company.

Julius Berger AFP, the furniture manufacturing and top class interior design and implementation unit of Julius Berger, recently won the award for “NIGERIA’S FURNITURE COMPANY OF THE YEAR” for the 4th consecutive year.

The industry’s most coveted award was announced during the International Housing Awards 2020 ceremony which held at the prestigious Abuja International Conference Centre, which was also built on record time and to exquisite international quality by Julius Berger Nigeria Plc.

AFP is Nigeria’s leading furniture production facility and an integral part of Julius Berger’s value chain, which is proudly guided by leading engineering standards, bespoke creativity, international best quality as well as trendy and inviting innovation. The AFP’s portfolio includes corporate furniture, living room furniture, dining room furniture, bedroom furniture, kitchen furniture, internal doors, wardrobes, wall panelling, window decorations, and wooden floors. AFP’s parent company Julius Berger Nigeria Plc is a Nigerian company offering integrated construction solutions. 

Throughout the past 50 years of its incorporation in Nigeria, Julius Berger has deployed progressive construction methods to ensure that innovation and quality are prioritized for the benefit of its clients. The company’s scope covers all areas of construction, including the pre and post phases. Julius Berger’s success is built on the strategy of having vertically integrated operations, which improve efficiency and timeliness of project execution. Additionally, subsidiaries support the company’s ability to offer a complete range of construction-related services. 

Julius Berger is a brand that is unmistakably recognized throughout Nigeria, a brand that has built a track record of delivering the highest level of performance and a brand synonymous with great quality and strong reliability.

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