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MarketScreener Homepage  >  Equities  >  Nigerian Stock Exchange  >  Julius Berger Nigeria Plc    JBERGER   NGJBERGER009

JULIUS BERGER NIGERIA PLC

(JBERGER)
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Julius Berger Nigeria : COVID-19 - Julius Berger Donates Hospital Beds to Isolation Centre

04/14/2020 | 12:08pm EST

Bennett Oghifo

Julius Berger Nigeria Plc has said it donated 48 hospital beds, including mattresses and 10 partitioning framings to an isolation centre in Abuja to support the government's fight against the spread of the covid-19 pandemic.

The contribution, according to a statement by Julius Berger, is the first in a series of planned donations aimed at supporting and equipping healthcare facilities with needed resources to curb the Covid-19 pandemic.

"Utilising its group facilities, Julius Berger has fabricated over 700 beds for hospitals, which are being rolled-out to healthcare providers towards the setting up of isolation centres to care for patients infected with the virus. Movable partitioning manufactured locally by the Julius Berger group is also being delivered to enable maximum flexibility," the statement said.

It said the beds were manufactured by Abumet Nigeria Limited, Julius Berger's aluminium and glass processing subsidiary, utilising high grade aluminium parts. Abumet's factory and assembly lines were transformed to support in the timely production of the beds. Efforts were carried out in conjunction with Julius Berger's own furniture production experts, AFP, who also delivered part of the components for the beds.

Julius Berger is committed to supporting the Federal and State Governments, as well as key public agencies and healthcare providers in their fight against the Covid-19 pandemic. The Company stands in solidarity with the nation and shares our thoughts and heartfelt thanks to the healthcare workers and front-liners tackling the pandemic.

Copyright This Day. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English

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Financials
Sales 2019 249 B 661 M 661 M
Net income 2019 - - -
Net Debt 2019 - - -
P/E ratio 2019 -
Yield 2019 9,32%
Capitalization 29 304 M 76,8 M 77,7 M
Capi. / Sales 2019 0,12x
Capi. / Sales 2020 0,13x
Nbr of Employees 12 183
Free-Float 4,59%
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Mean consensus BUY
Number of Analysts 1
Average target price 32,06 NGN
Last Close Price 18,50 NGN
Spread / Highest target 73,3%
Spread / Average Target 73,3%
Spread / Lowest Target 73,3%
Managers
NameTitle
Lars Richter Managing Director & Director
Mutiu Sunmonu Chairman
Martin Brack Financial Director & Director
Jafaru Damulak Non-Executive Director
George Marks Vice Chairman
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