Drax Group

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.
Type
Public
HQ
Drax, GB
Founded
2005
Size (employees)
1,442 (est)
Website
drax.com
Drax Group was founded in 2005 and is headquartered in Drax, GB

Drax Group Office Locations

Drax Group has an office in Drax
Drax, GB (HQ)
Drax Power Station

Drax Group Data and Metrics

Drax Group Financial Metrics

Drax Group's revenue was reported to be £2.9 b in FY, 2016 which is a 4% decrease from the previous period.
Numbers are in £, GBP

Revenue (FY, 2016)

2.9 b

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

(4%)

Market capitalization (26-May-2017)

1.4 b

Closing share price (26-May-2017)

3.4

Cash (31-Dec-2015)

133.8 m
Drax Group's current market capitalization is £1.4 b.
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.1 b2.8 b3.1 b2.9 b

Revenue growth, %

36%9%(4%)

Cost of goods sold

1.6 b2.4 b2.7 b

Gross profit

445.1 m449.8 m408.8 m

Gross profit Margin, %

22%16%13%

Operating expense total

390.1 m255.3 m332.8 m

Pre tax profit

31.8 m165.9 m59 m

Net Income

51.4 m128.7 m56.3 m
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Cash

267.3 m180.9 m133.8 m

Accounts Receivable

220.5 m297.4 m256.5 m

Current Assets

899.1 m1.2 b1.3 b

PP&E

1.6 b1.8 b1.9 b

Goodwill

37.2 m10.7 m26.3 m

Total Assets

2.5 b3 b3.2 b

Accounts Payable

17.1 m49.1 m41.7 m

Current Liabilities

480.6 m601 m762.6 m

Retained Earnings

(27.4 m)73.7 m6.4 m

Total Equity

1.4 b1.6 b1.6 b

Financial Leverage

1.8 x1.9 x2 x
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

142.3 m89.7 m150 m

Cash From Financing Activities

45 m44.1 m(54.1 m)

Income Taxes Paid

19.6 m(37.2 m)(2.7 m)

Drax Group Operating Metrics

FY, 2016

Electricity Generated, Twh

14.6

Wood Pellets, metric tonnes

607 k

Drax Group Market Value History

Drax Group Revenue Breakdown

Drax Group Online and Social Media Presence

Drax Group News and Updates

Drax Group Company Life and Culture

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