Craft

Drax Group

Stock Price

£4.4

2023-09-26

Market Capitalization

£2.5 B

2023-05-03

Revenue

£7.8 B

FY, 2022

Drax Group Summary

Company Summary

Overview
Drax Group is a company that engages in the generation and supply of electricity. It operates through three segments: Generation, Customers, and, Pellet Production. The company also manufactures and sells compressed wood pellets for use in electricity production; supplies and manages electricity and gas for large industrial and commercial sector customers.
Type
Public
Status
Active
Founded
2005
HQ
Selby, GB | view all locations
Website
http://www.drax.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Will Gardiner

    Will Gardiner, Chief Executive Officer and Board Member

  • Philip Cox

    Philip Cox, Chair

    • Andy Skelton

      Andy Skelton, Chief Financial Officer and Board Member

    • David Nussbaum

      David Nussbaum, Senior Independent Director

    Operating MetricsView all

    Electricity Generated, TWh

    14.6

    FY, 2016

    Wood Pellets, metric tonnes

    607K

    FY, 2016

    LocationsView all

    3 locations detected

    • Selby, England HQ

      United Kingdom

      Drax Power Station

    • London, England

      United Kingdom

      5 Lower Grosvenor Pl

    • Worthing, England

      United Kingdom

      Aspect House, Spencer Rd

    Drax Group Financials

    Summary Financials

    Revenue (H1, 2023)
    £4.1B
    Gross profit (H1, 2023)
    £882.2M
    Net income (H1, 2023)
    £247.2M
    Cash (H1, 2023)
    £124.9M
    EBIT (H1, 2023)
    £411.0M
    Enterprise value
    $3.8B

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