Shares Magazine
655.00p+1.50 (+0.23%)22 Nov 2024, 16:39
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Drax Group PLC Fundamentals
| Company Name | Drax Group PLC | Last Updated | 2024-11-22 |
|---|---|---|---|
| Industry | Utilities - Renewable | Sector | Utilities |
| Shares in Issue | 374.335 m | Market Cap | £2.45 bn |
| PE Ratio | 3.94 | Dividend per Share | £0.22 |
| Dividend Yield | 3.71 | Dividend Cover | 6.40 |
| EPS | £1.40 | EPS Growth (%) | 3.02 |
| PEG | 0 | DPS Growth (%) | 0.1066 |
| Debt Ratio | 0.2304 | Debt Equity Ratio | 0.5741 |
| Asset Equity Ratio | 2.7680 | Cash Equity Ratio | 0.1209 |
| Quick Ratio | 0.4209 | Current Ratio | 1.26 |
| Price To Book Value | 1.1337 | ROCE | 0 |
Drax Group PLC Dividends
| Type | Ex-Date | Pay Date | Currency | Net Dividend | Year Total |
|---|---|---|---|---|---|
| Interim | 2024-09-19 | 2024-10-25 | GBP | 0.1040 | |
| Prelim | 2024-04-18 | 2024-05-17 | GBP | 0.1390 | |
| Interim | 2023-08-24 | 2023-10-06 | GBP | 0.0920 | |
| Prelim | 2023-04-20 | 2023-05-19 | GBP | 0.1260 | |
| Interim | 2022-08-25 | 2022-10-07 | GBP | 0.0840 | |
| Prelim | 2022-04-28 | 2022-05-13 | GBP | 0.1130 |
Drax Group PLC Company Financials
| Assets | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible Assets | £2.82 bn | £2.53 bn | £2.43 bn |
| Intangible Assets | £498.20 m | £566.50 m | £604.90 m |
| Investments | £8.90 m | £6.90 m | £5.50 m |
| Total Fixed Assets | £3.69 bn | £3.54 bn | £3.31 bn |
| Stocks | £328.40 m | £348.10 m | £199.10 m |
| Debtors | £899.70 m | £1.10 bn | £641.90 m |
| Cash & Equivalents | £379.50 m | £238.00 m | £317.40 m |
| Other Assets | £364.90 m | £436.80 m | £267.80 m |
| Total Assets | £6.04 bn | £5.93 bn | £5.18 bn |
| Liabilities | 2023 | 2022 | 2021 |
|---|---|---|---|
| Creditors within 1 year | £2.09 bn | £2.21 bn | £1.75 bn |
| Creditors after 1 year | £1.97 bn | £2.40 bn | £2.12 bn |
| Other Liabilities | 0 | 0 | 0 |
| Total Liabilities | £4.06 bn | £4.61 bn | £3.87 bn |
| Net assets | £1.98 bn | £1.32 bn | £1.31 bn |
| Equity | 2023 | 2022 | 2021 |
|---|---|---|---|
| Called up share capital | £49.10 m | £47.90 m | £47.70 m |
| Share Premium | £442.70 m | £434.80 m | £433.70 m |
| Profit / Loss | £796.40 m | £78.10 m | £121.50 m |
| Other Equity | £1.97 bn | £1.31 bn | £1.29 bn |
| Preference & Minorities | £12.00 m | £13.40 m | £21.50 m |
| Total Capital Employed | £1.98 bn | £1.32 bn | £1.31 bn |
| Ratios | 2023 | 2022 | 2021 |
|---|---|---|---|
| Debt Ratio | £0.39 | £0.54 | £0.53 |
| Debt-to-Equity | £0.65 | £1.16 | £1.11 |
| Assets / Equity | 2.7680 | 2.7680 | 2.7680 |
| Cash / Equity | 0.1209 | 0.1209 | 0.1209 |
| EPS | £1.59 | £0.39 | £0.18 |
| Cash Flow | 2023 | 2022 | 2021 |
|---|---|---|---|
| Cash from operating activities | £835.60 m | £207.70 m | £306.50 m |
| Cashflow before financing | £597.70 m | £95.80 m | £256.10 m |
| Increase in Cash | £145.90 m | -£84.90 m | £27.30 m |
| Income | 2023 | 2022 | 2021 |
|---|---|---|---|
| Turnover | £8.13 bn | £7.78 bn | £5.09 bn |
| Cost of sales | £6.17 bn | £6.75 bn | £4.20 bn |
| Gross Profit | £1.95 bn | £1.02 bn | £891.20 m |
| Operating Profit | £908.20 m | £146.30 m | £196.50 m |
| Pre-Tax profit | £796.40 m | £78.10 m | £121.50 m |
Drax Group PLC Company Background
| Sector | Utilities |
|---|---|
| Activities | Drax Group PLC is a UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. It operates a generation portfolio of sustainable biomass, hydro-electric, and pumped hydro storage assets across four sites in England and Scotland. The company also operates a global bioenergy supply business with manufacturing facilities in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia. Its segments include Pellet Production, Generation, and Customers. The majority of its revenue is generated from the Customers segment which sells renewable electricity to industrial and commercial customers in the United Kingdom. |
| Latest Interim Date | 26 Jul 2024 |
| Latest Fiscal Year End Date | 29 Feb 2024 |
Drax Group PLC Directors
| Appointed | Name | Position |
|---|---|---|
| 2015-12-30 | Mr. Peter Richard Emery | Executive Director,Production Director |
| 2015-05-29 | Mr. Anthony James Quinlan | Executive Director,Finance Director |
| 2015-04-22 | Mr. Charles Andrew Berry | Non-Executive Director,Chairman |
| 2010-02-22 | Mr. James Frederick Trevor Dundas | Non-Executive Director |
| 2024-03-21 | Mr. Philip Gotsall Cox CBE | Non-Executive Director,Chairman |
| 2017-03-12 | Mr. Philip John Hudson | Company Secretary |
| 2024-04-05 | Mr. Dwight Daniel Willard Gardiner | Executive Director,Chief Executive Officer |
| 2006-04-21 | Mr. Patrick Michael Grasby | Non-Executive Director |
| 2013-04-24 | Mr. Timothy Gwynne Barker | Non-Executive Director |
| 2018-12-21 | Mr. David Simon Matthew Nussbaum | Non-Executive Director,Senior Independent Director |
| 2019-09-27 | Mr. Timothy Russell Cobbold | Non-Executive Director |
| 2020-04-08 | Mr. Andrew Robert Koss | Executive Director |
| 2019-04-17 | Mr. David Clive Lindsell | Non-Executive Director |
| 2018-03-21 | Ms. Dorothy Carrington Thompson | Executive Director,Chief Executive Officer |
| 2011-08-09 | Mr. Gordon Alexander Boyd | Executive Director,Finance Director |
| 2008-03-12 | Mr. Gordon Christopher Horsfield | Non-Executive Director,Chairman |
| 2019-06-28 | Mr. Anthony David Thorne | Non-Executive Director |
| 2015-12-30 | Mr. Paul Taylor | Executive Director,Group Commercial Director |
| 2016-04-22 | Ms. Melanie Gee | Non-Executive Director |
| 2024-04-05 | Mr. Andrew Keith Skelton | Executive Director,Chief Financial Officer |
| 2024-03-21 | Mr. John Baxter CBE | Non-Executive Director |
| 2024-08-01 | Mr. Rob Shuter | Non-Executive Director |
Drax Group PLC Contact Details
| Company Name | Drax Group PLC |
|---|---|
| Address | Drax Power Station, Selby, YO8 8PH |
| Telephone | +44 1757618381 |
| Website | http://www.drax.com |
Drax Group PLC Advisors
| Stockbroker | J.P. Morgan Cazenove Ltd |
|---|---|
| Phone | +44 2077424000 |
| Registrar | Equiniti Limited |
|---|
| Auditor | Deloitte LLP |
|---|---|
| Phone | +44 2079363000 |
| Fax | +44 2075831198 |
| Remuneration Consultant | PricewaterhouseCoopers LLP |
|---|---|
| Phone | +44 205835000 |
| Fax | +44 208224652 |
| Financial Adviser | Deutsche Bank AG London |
|---|---|
| Phone | (020) 7545 8000 |
| Fax | (020) 7547 4577 |
| Solicitor | Slaughter and May |
|---|---|
| Phone | +44 2076001200 |
| Fax | +44 2070905000 |
| Bank | Barclays Bank PLC |
|---|
| Financial PR Adviser | Brunswick Group LLP |
|---|---|
| Phone | +44 2074045959 |
| Fax | +44 2078312823 |
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