Business description: Drax Group plc

Drax Group PLC is a United Kingdom-based renewable energy company. The Company is engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. Its segments include Pellet Production, Generation, and Customers. The Pellet Production segment is engaged in the production and subsequent sale of biomass pellets at the Group’s processing facilities in North America. The Generation segment includes its power generation activities in the United Kingdom. The Customers segment is engaged in the supply of electricity and gas to non-domestic customers in the United Kingdom. It also operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland. It also operates a bioenergy supply business with manufacturing facilities at 13 sites in the United States and Canada. It also offers installation and maintenance of electric vehicle (EV) charge points.

Number of employees: 3,250

Sales by Activity: Drax Group plc

Fiscal Period: December20202021202220232024

Biomass Generation

- - - - 4.92B

Energy Solutions

2.12B 2.36B 4.14B 4.96B 3.79B

Pellet Production

231M 450M 803M 822M 942M

Flexible Generation

- - - - 223M

Unallocated Exceptional Items and Certain Remeasurements

9.7M -85.9M -384M 283M 81.3M

Intra-Group Eliminations

-1.76B -2.32B -4.14B -4.73B -3.79B

Generation

3.65B 4.68B 7.36B 6.79B -
See all business segments

Geographical breakdown of sales: Drax Group plc

Fiscal Period: December20202021202220232024

United Kingdom

- 4.94B 7.46B 7.78B 5.89B

Asia

- 93M 275M 280M 242M

Europe

- 39.1M 27.6M 60.3M 25.8M

North America

- 11.5M 10.6M 8.5M 7.9M
See all geographic segments

Executive Committee: Drax Group plc

Manager TitleAgeSince
Chief Executive Officer 61 2017-12-31
Director of Finance/CFO 54 2019-01-01
Chief Operating Officer - 2024-07-31
Investor Relations Contact - -
Corporate Officer/Principal - 2021-09-29
See DRAX GROUP PLC governance

Composition of the Board of Directors: Drax Group plc

Director TitleAgeSince
Director/Board Member 61 2015-11-15
Director/Board Member - 2017-07-31
Director/Board Member 54 2019-04-16
Director/Board Member 74 2019-04-16
Director/Board Member 52 2021-10-20
Director/Board Member - 2021-10-20
Chairman 63 2023-12-31
Director/Board Member 58 2024-06-10
Composition of the Board of Directors

Shareholders: Drax Group plc

NameEquities%Valuation
Invesco Asset Management Ltd.
10.16 %
36,847,668 10.16 % 350 M p
Schroder Investment Management Ltd.
5.01 %
18,160,257 5.01 % 172 M p
Orbis Investment Management Ltd.
4.381 %
15,881,417 4.381 % 151 M p
M&G Investment Management Ltd.
3.945 %
14,302,504 3.945 % 136 M p
The Vanguard Group, Inc.
3.914 %
14,190,189 3.914 % 135 M p
List of DRAX GROUP PLC shareholders

Company details: Drax Group plc

Drax Group Plc

Drax Power Station

YO8 8PH, Selby

+44 17 5761 8381

http://www.drax.com
address Drax Group plc(DRX)

Group companies: Drax Group plc

NameCategory and Sector
Financial Conglomerates
Electric Utilities
Drax River Hydro Ltd.
Financial Conglomerates
Electric Utilities
See all subsidiaries

Other Renewable Fuels

Change 5d. change 1-year change 3-years change Capi.($)
-0.87%+0.07%+22.25%+4.03% 3.27B
-1.47%+4.86% - - 1.01B
-5.70%-0.67%+159.27%-40.16% 367M
+18.38%-.--%-.--% - 209M
-2.27%+0.39%-67.34%-74.58% 70.24M
Average +1.61%+4.44%+28.54%-36.90% 985.26M
Weighted average by Cap. -0.56%+3.00%+32.29%-1.83%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
6.840GBP
Average target price
8.150GBP
Spread / Average Target
+19.15%
Consensus

Annual profits - Rate of surprise

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