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  2. Drax Group PLC (DRX)

616.00p-1.00 (-0.16%)02 May 2025, 10:26
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Drax Group PLC Fundamentals

Company NameDrax Group PLCLast Updated2025-05-02
IndustryUtilities - RenewableSectorUtilities
Shares in Issue356.403 mMarket Cap£2.20 bn
PE Ratio4.58Dividend per Share£0.24
Dividend Yield4.21Dividend Cover5.55
EPS£1.35EPS Growth (%)-0.09
PEG0DPS Growth (%)0.1147
Debt Ratio0.2400Debt Equity Ratio0.5527
Asset Equity Ratio2.5819Cash Equity Ratio0.1706
Quick Ratio0.5221Current Ratio1.20
Price To Book Value1.0585ROCE0

Drax Group PLC Dividends

TypeEx-DatePay DateCurrencyNet DividendYear Total
Prelim2025-04-242025-05-16GBP0.1560
Interim2024-09-192024-10-25GBP0.1040
Prelim2024-04-182024-05-17GBP0.1390
Interim2023-08-242023-10-06GBP0.0920
Prelim2023-04-202023-05-19GBP0.1260
Interim2022-08-252022-10-07GBP0.0840

Drax Group PLC Company Financials

Assets202420232022
Tangible Assets£2.90 bn£2.82 bn£2.53 bn
Intangible Assets£483.20 m£498.20 m£566.50 m
Investments£3.60 m£8.90 m£6.90 m
Total Fixed Assets£3.54 bn£3.69 bn£3.54 bn
Stocks£302.00 m£328.40 m£348.10 m
Debtors£445.40 m£899.70 m£1.10 bn
Cash & Equivalents£356.00 m£379.50 m£238.00 m
Other Assets£155.00 m£364.90 m£436.80 m
Total Assets£5.39 bn£6.04 bn£5.93 bn
Liabilities202420232022
Creditors within 1 year£1.53 bn£2.09 bn£2.21 bn
Creditors after 1 year£1.77 bn£1.97 bn£2.40 bn
Other Liabilities000
Total Liabilities£3.30 bn£4.06 bn£4.61 bn
Net assets£2.09 bn£1.98 bn£1.32 bn
Equity202420232022
Called up share capital£49.40 m£49.10 m£47.90 m
Share Premium£445.30 m£442.70 m£434.80 m
Profit / Loss£753.40 m£796.40 m£78.10 m
Other Equity£2.08 bn£1.97 bn£1.31 bn
Preference & Minorities£9.80 m£12.00 m£13.40 m
Total Capital Employed£2.09 bn£1.98 bn£1.32 bn
Ratios202420232022
Debt Ratio£0.36£0.39£0.54
Debt-to-Equity£0.55£0.65£1.16
Assets / Equity2.58192.58192.5819
Cash / Equity0.17060.17060.1706
EPS£1.47£1.61£0.39
Cash Flow202420232022
Cash from operating activities£859.50 m£835.60 m£207.70 m
Cashflow before financing£367.90 m£597.70 m£95.80 m
Increase in Cash-£22.00 m£145.90 m-£84.90 m
Income202420232022
Turnover£6.16 bn£7.73 bn£7.78 bn
Cost of sales£4.29 bn£5.78 bn£6.75 bn
Gross Profit£1.88 bn£1.95 bn£1.02 bn
Operating Profit£850.20 m£908.20 m£146.30 m
Pre-Tax profit£753.40 m£796.40 m£78.10 m

Drax Group PLC Company Background

SectorUtilities
ActivitiesDrax 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 Date26 Jul 2024
Latest Fiscal Year End Date27 Feb 2025

Drax Group PLC Directors

AppointedNamePosition
2015-12-30Mr. Peter Richard Emery Executive Director,Production Director
2015-05-29Mr. Anthony James Quinlan Executive Director,Finance Director
2015-04-22Mr. Charles Andrew Berry Non-Executive Director,Chairman
2010-02-22Mr. James Frederick Trevor DundasNon-Executive Director
2025-03-28Mr. Philip Gotsall Cox CBENon-Executive Director,Chairman
2017-03-12Mr. Philip John Hudson Company Secretary
2025-04-15Mr. Dwight Daniel Willard GardinerExecutive Director,Chief Executive Officer
2006-04-21Mr. Patrick Michael Grasby Non-Executive Director
2013-04-24Mr. Timothy Gwynne BarkerNon-Executive Director
2018-12-21Mr. David Simon Matthew Nussbaum Non-Executive Director,Senior Independent Director
2019-09-27Mr. Timothy Russell Cobbold Non-Executive Director
2020-04-08Mr. Andrew Robert Koss Executive Director
2019-04-17Mr. David Clive Lindsell Non-Executive Director
2018-03-21Ms. Dorothy Carrington Thompson Executive Director,Chief Executive Officer
2011-08-09Mr. Gordon Alexander Boyd Executive Director,Finance Director
2008-03-12Mr. Gordon Christopher Horsfield Non-Executive Director,Chairman
2019-06-28Mr. Anthony David Thorne Non-Executive Director
2015-12-30Mr. Paul Taylor Executive Director,Group Commercial Director
2016-04-22Ms. Melanie Gee Non-Executive Director
2025-04-15Mr. Andrew Keith Skelton Executive Director,Chief Financial Officer
2025-03-28Mr. John Baxter CBENon-Executive Director
2025-03-28Mr. Rob ShuterNon-Executive Director

Drax Group PLC Contact Details

Company NameDrax Group PLC
AddressDrax Power Station, Selby, YO8 8PH
Telephone+44 1757618381
Websitehttp://www.drax.com

Drax Group PLC Advisors

StockbrokerJ.P. Morgan Cazenove Ltd
Phone+44 2077424000
RegistrarEquiniti Limited
AuditorDeloitte LLP
Phone+44 2079363000
Fax+44 2075831198
Remuneration ConsultantPricewaterhouseCoopers LLP
Phone+44 205835000
Fax+44 208224652
Financial AdviserDeutsche Bank AG London
Phone(020) 7545 8000
Fax(020) 7547 4577
SolicitorSlaughter and May
Phone+44 2076001200
Fax+44 2070905000
BankBarclays Bank PLC
Financial PR AdviserBrunswick Group LLP
Phone+44 2074045959
Fax+44 2078312823

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