Drax Group plc is a FTSE 250 company at the cutting edge of research and development in renewable power generation. The company owns and operates the UK’s largest power station, typically providing 7 – 8% of the UK’s electricity. By transforming itself into a predominantly biomass-fuelled generator, it is delivering Europe’s single largest decarbonisation project. It is now a world leader in sourcing sustainable biomass through its US business, Drax Biomass. In March 2015, Drax acquired Billington Bioenergy, the UK’s second largest wood pellet distributor. The move supports the company’s intention to enter the UK’s growing biomass heat sector and complements its core business. At the other end of the supply chain, it supplies renewable electricity to businesses through its retail arm Haven Power.
Drax, GB
Size (employees)
1,467 (est)+2%
Drax Group was founded in 2005 and is headquartered in Drax, GB
Report incorrect company information

Drax Group Office Locations

Drax Group has an office in Drax
Drax, GB (HQ)
Drax Power Station
Show all (1)
Report incorrect company information

Drax Group Financials and Metrics

Drax Group Financials

Drax Group's revenue was reported to be £2.95 b in FY, 2016 which is a 3.8% decrease from the previous period.

Revenue (FY, 2016)

2.9 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

376.3 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

193.9 m

EBITDA (FY, 2016)

203.5 m

EBIT (FY, 2016)

203.5 m

Market capitalization (31-Oct-2017)

1.1 b

Closing share price (31-Oct-2017)


Cash (31-Dec-2016)

228.4 m


937.5 m
Drax Group's current market capitalization is £1.1 b.
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


1.8 b1.5 b1.6 b1.8 b1.8 b2.1 b2.8 b3.1 b2.9 b

Revenue growth, %


Cost of goods sold

970 m1.1 b1.3 b1.3 b1.6 b2.4 b2.7 b2.6 b

Gross profit

505.8 m550.5 m500.8 m510.9 m445.1 m449.8 m408.8 m376.3 m
GBPY, 2016


4.6 x


4.6 x


4.9 x

Financial Leverage

1.8 x
Show all financial metrics

Drax Group Operating Metrics

FY, 2016

Electricity Generated, Twh


Wood Pellets, metric tonnes

607 k
Show all operating metrics
Report incorrect company information