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Drax Group PLC Fundamentals

Company NameDrax Group PLCLast Updated2021-06-17
IndustryUtilities - RenewableSectorUtilities
Shares in Issue398.514 mMarket Cap£1.70 bn
PE Ratio2,500.00Dividend per Share£0.16
Dividend Yield3.9Dividend Cover0
EPS-£0.40EPS Growth (%)9.60
PEG0DPS Growth (%)0.0940
Debt Ratio0.2614Debt Equity Ratio0.8130
Asset Equity Ratio3.1304Cash Equity Ratio0.2164
Quick Ratio0.5524Current Ratio1.23
Price To Book Value1.2729ROCE0

Drax Group PLC Dividends

TypeEx-DatePay DateCurrencyNet DividendYear Total
Prelim2021-04-222021-05-14GBP0.1030
Interim2020-08-202020-10-02GBP0.0680
Prelim2020-04-232020-05-15GBP0.0950
Interim2019-09-192019-10-11GBP0.0640
Prelim2019-04-182019-05-10GBP0.0850
Interim2018-09-202018-10-12GBP0.0560

Drax Group PLC Company Financials

Assets202020192018
Tangible Assets£1.97 bn£2.36 bn£2.35 bn
Intangible Assets£430.00 m£455.10 m£477.00 m
Investments£1.50 m£3.00 m£2.40 m
Total Fixed Assets£2.58 bn£3.02 bn£3.18 bn
Stocks£208.20 m£292.00 m£222.50 m
Debtors£432.80 m£541.50 m£401.00 m
Cash & Equivalents£289.80 m£404.10 m£289.00 m
Other Assets000
Total Assets£4.19 bn£4.68 bn£4.59 bn
Liabilities202020192018
Creditors within 1 year£1.31 bn£1.30 bn£1.73 bn
Creditors after 1 year£1.55 bn£1.67 bn£1.04 bn
Other Liabilities£82.50 m00
Total Liabilities£2.85 bn£2.97 bn£2.77 bn
Net assets£1.34 bn£1.72 bn£1.83 bn
Equity202020192018
Called up share capital£47.50 m£47.40 m£47.00 m
Share Premium£430.00 m£429.60 m£424.70 m
Profit / Loss-£234.70 m-£15.60 m£13.80 m
Other Equity£1.34 bn£1.72 bn£1.83 bn
Preference & Minorities000
Total Capital Employed£1.34 bn£1.72 bn£1.83 bn
Ratios202020192018
Debt Ratio£0.45£0.43£0.25
Debt-to-Equity£0.81£0.74£0.33
Assets / Equity3.13043.13043.1304
Cash / Equity0.21640.21640.2164
EPS£0.10£0.01£0.26
Cash Flow202020192018
Cash from operating activities£306.20 m£413.40 m£311.10 m
Cashflow before financing£57.10 m£985.00 m£199.10 m
Increase in Cash-£114.20 m£121.90 m£65.60 m
Income202020192018
Turnover£4.24 bn£4.46 bn£4.24 bn
Cost of sales£3.62 bn£3.89 bn£3.64 bn
Gross Profit£615.90 m£570.40 m£602.00 m
Operating Profit-£156.10 m£48.40 m£59.90 m
Pre-Tax profit-£234.70 m-£15.60 m£13.80 m

Drax Group PLC Company Background

SectorUtilities
ActivitiesDrax Group PLC is an electric utility company that produces energy for large customers and businesses in the United Kingdom. Drax generates thermal energy through the use of coal and biomass fuel sources. The majority of the power that thecompany produces comes from coal fuel sources. The rest comes from the burning of compressed wood pellets, or biomass, sourced from forests in the American South. Drax primarily brings in revenue through the sale of power. The sale of United Kingdom renewable certificates also represents a significant revenue stream. The company is one of the U.K. 's largest producers of renewable power and controls Europe's single largest decarburization project by way of its biomass facilities.
Latest Interim Date29 Jul 2020
Latest Fiscal Year End Date25 Feb 2021

Drax Group PLC Directors

AppointedNamePosition
2015-12-30Mr. Peter Richard Emery Executive Director,Production Director
2015-05-29Mr. Anthony James Quinlan Executive Director,Finance Director
2015-04-22Mr. Charles Andrew Berry Non-Executive Director,Chairman
2010-02-22Mr. James Frederick Trevor DundasNon-Executive Director
2021-03-18Mr. Philip Gotsall Cox CBENon-Executive Director,Chairman
2017-03-12Mr. Philip John Hudson Company Secretary
2021-04-01Mr. Dwight Daniel Willard GardinerExecutive Director,Chief Executive Officer
2006-04-21Mr. Patrick Michael Grasby Non-Executive Director
2013-04-24Mr. Timothy Gwynne BarkerNon-Executive Director
2018-12-21Mr. David Simon Matthew Nussbaum Non-Executive Director,Senior Independent Director
2019-09-27Mr. Timothy Russell Cobbold Non-Executive Director
2020-04-08Mr. Andrew Robert Koss Executive Director
2019-04-17Mr. David Clive Lindsell Non-Executive Director
2018-03-21Ms. Dorothy Carrington Thompson Executive Director,Chief Executive Officer
2011-08-09Mr. Gordon Alexander Boyd Executive Director,Finance Director
2008-03-12Mr. Gordon Christopher Horsfield Non-Executive Director,Chairman
2019-06-28Mr. Anthony David Thorne Non-Executive Director
2015-12-30Mr. Paul Taylor Executive Director,Group Commercial Director
2016-04-22Ms. Melanie Gee Non-Executive Director
2021-04-01Mr. Andrew Keith Skelton Executive Director,Chief Financial Officer
2021-03-18Mr. John Baxter CBENon-Executive Director

Drax Group PLC Contact Details

Company NameDrax Group PLC
AddressDrax Power Station, Selby, YO8 8PH
Telephone+44 1757618381
Websitehttp://www.drax.com

Drax Group PLC Advisors

StockbrokerJ.P. Morgan Cazenove Ltd
Phone+44 2077424000
RegistrarEquiniti Limited
AuditorDeloitte LLP
Phone+44 2079363000
Fax+44 2075831198
Remuneration ConsultantPricewaterhouseCoopers LLP
Phone+44 205835000
Fax+44 208224652
Financial AdviserDeutsche Bank AG London
Phone(020) 7545 8000
Fax(020) 7547 4577
SolicitorSlaughter and May
Phone+44 2076001200
Fax+44 2070905000
BankBarclays Bank PLC
Financial PR AdviserBrunswick Group LLP
Phone+44 2074045959
Fax+44 2078312823