Nairametrics
  • Home
  • Exclusives
    • Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Ranking & Reviews
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • General News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Ranking & Reviews
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • General News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Company News

Julius Berger appoints new Managing Director

Damilare Famuyiwa by Damilare Famuyiwa
July 11, 2019
in Company News, General News
Julius Berger, Lars Richter, Julius Berger reduces dividend payout to prepare for Covid-19 hit

Julius Berger workers on site

Share on FacebookShare on TwitterShare on Linkedin

The Board and Management of Julius Berger Nigeria Plc, has announced the appointment of Dr. Lars Richter, who will serve under the company as its new Managing Director.

Richter would be replacing Engr. Wolfgang Goetsch, whose exit from the company’s Board of Directors will take effect from October 15, 3018.

In its notice to the Nigerian Stock Exchange (NSE), the company also announced that a new Directorate, Corporate Development would be established to be head by Mr. Tobias Meletschus. He will assume his responsibilities from October 16, 2018.

The newly appointed Directors and Directorate, according to the notice, will bring to bear on their functions as Executive Directors and the future directions of the Group, the wealth of their experience and expertise.

The construction giant, had earlier this month sent a notice to the NSE, hinting at the management changes. It also informed the bourse of a closed period from September 13 2018 to September 27 2018. During a closed period, parties with access to sensitive information are not allowed to trade their shares.

The company’s  financial statements for the second quarter ended June 30, 2018 show revenue stood at N73 billion compared to N70 billion in 2017. Profit before tax was N4 billion as against N55 million in 2017. Profit after tax stood at N2.6 billion as against as against N365 million in 2017.

The stock closed at N25 in yesterday’s trading session on the Nigerian Stock Exchange, unchanged from the prior day. Year to date, the stock is down 10.7%.

 

Related

Tags: AppointmentsDr. Lars RichterEngr. Wolfgang GoetschJulius Berger Nigeria Plc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Access Bank
Bankers Committee
First bank


Flowmono

Bfpeer
Mega Millions
FCMB
Ikeja Electrics
Zenith CEX
Kwakol Markets




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • NNPC, Sahara Group invests USD300m in gas carriers to drive clean energy access in Africa
    • Bearish trend persists in the stock market as PRESCO leads losers
    • EFCC re-arraigns Dasuki, Yuguda, others over alledged misappropriation of N23.3 billion

    Follow us on social media:

    Recent News

    ZENITH, GTCO lose combined N6.18 billion on NGX bearish performance

    Bearish trend persists in the stock market as PRESCO leads losers

    May 23, 2022
    Next Ponzi: Why are more Nigerians falling victim to Ponzi gimmicks?

    EFCC re-arraigns Dasuki, Yuguda, others over alledged misappropriation of N23.3 billion

    May 23, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Ranking & Reviews
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • General News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com