Drax Group/£DRX

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09:10
11:15
13:25
15:30
1D1W1MYTD1Y5YMAX

About Drax Group

Drax Group PLC, listed under the symbol DRX, is a United Kingdom-based renewable energy company founded in 2005. The company operates in the renewable power generation sector, specializing in sustainable biomass production and the sale of renewable electricity to businesses. Drax Group is committed to delivering reliable low-carbon power generated mainly from wood pellets to help transition towards a renewable energy future.

Ticker

£DRX
Sector

Primary listing

LSE

Employees

3,250

Drax Group Metrics

BasicAdvanced
£2.4B
6.34
£1.07
0.71
£0.26
3.82%

What the Analysts think about Drax Group

Analyst ratings (Buy, Hold, Sell) for Drax Group stock.

Bulls say / Bears say

Drax expects its 2025 adjusted core profit to reach the top end of analyst estimates, supported by higher pellet output and efficient biomass generation at its Yorkshire plant (Reuters).
Despite an 11% drop in H1 adjusted core profit to £460 million, Drax maintained its full-year EBITDA forecast of £899 million–£910 million and increased its share buyback programme by £450 million, underscoring strong cash flow and a continued focus on shareholder returns (Reuters).
The UK government has extended biomass subsidies for Drax’s four generating units from 2027 through 2031, providing long-term revenue visibility for its biomass business (Reuters).
First-half 2025 adjusted core profit fell 11% to £460 million, highlighting Drax's exposure to volatile UK wholesale power prices and pressure on margins (Reuters).
The UK government will halve Drax’s biomass subsidies for 2027-2031 and apply stricter sustainability sourcing requirements, reducing annual support by around £170 million and increasing regulatory risk (Reuters).
Drax has paused its proposed Cruachan II pumped storage expansion in Scotland due to rising project costs and uncertain returns under current subsidy policies, delaying its diversification into energy storage (Bloomberg).
Data summarised monthly by Lightyear AI. Last updated on 7 Sept 2025.

Drax Group Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Drax Group Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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Sept25
Drax Group
DividendEx-dividend
Oct24
Drax Group
DividendPayment
£0.116Per share
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