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In a report released today, Dominic Nash from Barclays maintained a Buy rating on Drax Group plc (DRX – Research Report), with a price target of £12.20. The company’s shares closed yesterday ...

Drax Group, operator of the Drax Power Station near Selby, has reported record adjusted earnings topping £1billion. In its full year results for 2024, the energy company says its adjusted ...

Annual subsidies to Drax were cut in half by the Government, from around £950m to £470m. Drax is currently developing the use of carbon capture at its Selby-based powerplant – notably the ...

(Sharecast News) - UK energy provider Drax on Thursday posted an increase in annual profit driven by an increase in renewable power generation and an improved performance from its pellet division.

LONDON, Feb 27 (Reuters) - British power company Drax Group on Thursday reported a 5.5% increase in annual profit, in line with forecasts and due to an increase in renewable power generation and ...

Adjusted cash profits maintained at £1bn for 2024 New bridging deal gives Drax power plant certainty out to 2031 The government has just announced it will begrudgingly keep handing Drax (DRX) ...

LONDON, Feb 27 (Reuters) - British power company Drax Group (DRX.L), opens new tab on Thursday reported a 5.5% increase in annual profit, in line with forecasts and due to an increase in renewable ...

Operating profits have fallen at power company Drax despite record levels of renewable energy generation, as the company insists 2024 brought a strong performance. The London Stock Exchange-listed ...