Drax Group PLC (LSE:DRX) Share Price

Company Profile

Business description
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 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.
Contact
Drax Power Station
SelbyNorth YorkshireYO8 8PH
GBR
T: +44 1757618381
E: [email protected]
http://www.drax.com
Sector
Utilities
Stock type
Defensive
Industry
Utilities - Renewable
Fiscal Year End
31 December 2026
Employees
2,974

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Sales growth but lack of margin expansion due to competition.

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