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XLON
DRX
Market cap3.46bUSD
Oct 09, Last price  
785.50GBP
1D
-0.51%
1Q
2.24%
Jan 2017
105.35%
IPO
37.10%
Name

Drax Group PLC

Chart & performance

D1W1MN
XLON:DRX chart
P/E
36.22
P/S
0.49
EPS
0.22
Div yield, %
2.99%
Shrs. gr., 5y
-60.93%
Rev. gr., 5y
4.76%
Revenues
5.36b
-13.10%
1,387,000,0001,247,400,0001,752,800,0001,475,800,0001,648,400,0001,835,900,0001,779,800,0002,062,100,0002,805,000,0003,065,000,0002,949,800,0003,685,200,0004,229,000,0004,713,400,0004,244,700,0005,088,000,0007,775,300,0008,125,300,0006,162,500,0005,355,400,000
Net income
73m
-86.14%
463,500,000353,000,000332,900,000110,900,000188,400,000464,600,000163,800,00051,400,000128,700,00056,300,000193,900,000-151,100,00020,200,000500,000-194,600,00055,100,00085,100,000562,200,000526,600,00073,000,000
CFO
810m
-5.78%
500,400,000301,700,000302,700,000320,400,000407,600,000196,000,000203,100,000142,300,00089,700,000150,000,000190,900,000315,200,000311,100,000413,400,000306,200,000306,500,000207,700,000835,600,000859,500,000809,800,000
Dividend
Sep 24, 202612.9 GBP/sh

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Profile

Drax Group plc, established in 2005 and headquartered in Selby, UK, specializes in renewable power generation across the United Kingdom. The company's activities are organized into three key segments: Generation, Customers, and Pellet Production. The Generation segment is responsible for delivering dispatchable, renewable electricity and crucial system support to the national grid. The Customers segment provides energy management services and non-generation system support. Through its Pellet Production segment, Drax supplies low-carbon fuel. The company's substantial asset portfolio includes the 2,000-megawatt Drax Power Station located in Selby, North Yorkshire, and the 440-megawatt Cruachan pumped hydro storage station in Argyll and Bute. Furthermore, Drax operates hydroelectric power stations in southwest Scotland (Lanark and Galloway) with a combined capacity of 126 megawatts. Beyond power generation, Drax also owns the Daldowie fuel plant, where sludge is converted into dry, low-odour fuel pellets. The company also manufactures and sells compressed wood pellets and is a supplier of renewable electricity.

Related entities

Subsidiaries (10)
DRAX CORPORATE LIMITED
DRAX ENERGY SOLUTIONS LIMITED
DRAX FINCO PLC
DRAX POWER LIMITED
DRAX PUMPED STORAGE LIMITED
DRAX RIVER HYDRO LIMITED
HIRWAUN POWER LIMITED
MILLBROOK POWER LIMITED
OPUS ENERGY LIMITED
PROGRESS POWER LIMITED

Key people

Non-Executive Chairman of the Board · since 2015
Will Gardiner
Group Chief Executive Officer, Executive Director · since 2018
Andy Skelton
Chief Financial Officer, Executive Director · since 2019
Jonathan Kini
Chief Executive - Drax Retail · since 2016
Group Chief Executive, Executive Director
Clare Harbord
Director - Corporate Affairs · since 2017
Penny Small
Chief Transformation Officer · since 2018
Brett Gladden
Group Company Secretary
John Baxter
Non-Executive Independent Director · since 2019
Non-Executive Independent Director · since 2018
David Clive Lindsell
Senior Independent Non-Executive Director · since 2013
David Nussbaum
Senior Independent Non-Executive Director · since 2019
Non-Executive Independent Director · since 2018
IPO date
Dec 20, 2005
Employees
3,003
Domiciled in
GB
Incorporated in
GB
Headquarters & legal address
DRAX POWER STATION
SELBY, NYK YO8 8PH
GB

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