Drax Group Company News

Epic Code:
Sub Sector:
Market Cap:

ORD GBP0.1155172
UK Main Market
1630.51963018 GBPm

Data as of 10:00 23/09/2009. Check director details and other company announcments at Drax Group Website .

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Latest Drax Group News

Drax shares slide as it swings to first half loss on falling value of coal assets
Proactive Investors UK - Jul 19, 2017
Drax Group plc (LON:DRX), operator of the UK's largest power station in North Yorkshire, swung to a pre-tax loss in the first half as the value of its coal assets fell.

07/19/2017 11:41 AM

Drax Group plc (LSE:DRX): What can we expect in the future?
Simply Wall St - Jul 19, 2017
Analysts covering Drax Group plc (LSE:DRX) are predicting the earnings to drop -81.9% in years' time. However, investors must be concerned whether it's just a hiccup or a long-term trend.
-10.04 % to Target, Deutsche Reaffirms '”Hold”' Rating on Drax Group (LON:DRX ... - WeeklyHub
Analyst Activity – Credit Suisse Group Reiterates Outperform on Drax Group Plc ... - Market Exclusive

07/19/2017 07:22 AM

Drax plans £50mln dividend this year and expects to grow its payout, as it ...
Proactive Investors UK - Jun 15, 2017
Drax PLC (LON:DRX) expects to pay an increased total dividend of £50mln this year, and plans to grow that payout, with the power station group also forecasting strong earnings growth by 2025, although its shares fell perhaps reflecting investor scepticism.

06/15/2017 08:54 AM

Drax announces £50m dividend in 2017
Financial Times - Jun 15, 2017
British power group Drax has announced plans to pay out a dividend of £50m this year amid investor concerns over a review of its payout policy.

06/15/2017 07:18 AM

Drax to buy two distressed US pellet plants as it expands operations
Proactive Investors UK - Feb 27, 2017
Drax Group PLC (LON:DRX) is looking to buy two pellet plants in the US that have filed for bankruptcy. The owner of the UK's largest power plant said it has submitted initial cash offers for the operating assets of Texas Pellets and Louisiana Pellets ...

02/27/2017 08:44 AM

Drax's full year earnings hurt by challenging commodity markets
Proactive Investors UK - Feb 16, 2017
Power company Drax Group PLC (LON:DRX) today reported a 17% decline in 2016 earnings, blaming challenging commodity markets and changes to climate change regulations.
How Analysts See Drax Group plc (LSE:DRX) Perform In The Year Ahead? - Simply Wall St
UK power group Drax reassures investors on dividends - Financial Times

02/16/2017 07:50 AM