JULIUS BERGER INVESTORS’ FORUM: MD Lars Richter says firm transiting into a conglomerate

While providing participants at the forum with an update on Julius Berger’s business performance, strategy and operations in the 2023, as well as speaking to the outlook for the business of the company, the Managing Director, Engr Dr Lars Richter confidently said: “The company is transiting to a conglomerate by continually driving growth across our core businesses and our subsidiaries, through which we deliver value-added services along the entire value chain of the construction industry.”

According to Richter, “…our core business, which is our first pillar, continues to achieve stable growth and upholds our standards as Nigeria’s leading and most innovative construction company. We continue to drive economic growth and expansion in the country through our infrastructure projects, as well as development of industries through our building arm.” On the transnational expansion of the company’s business operations, the Managing Director said that “…We are expanding our value delivery to other regions of the continent, and we will continue to maintain our performance standards and drive innovation in the construction industry,” adding that, “the projects in our core business significantly contribute to economic growth and expansion, creating more efficient routes that drive trade and commerce and foster industry development.”