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Drax Group Fundamentals

Company Name Drax Group Last Updated 23 Sep 2020
Industry Utilities Sector Conventional Electricity
Shares in Issue (m) 396.92 Market Cap (£m) 1,046.28
PE Ratio 2,636.00 Div per Share (p) 15.90
Div Yield 6.18 Div Cover 0.01
EPS 0.10 EPS Growth (%) -98.00
PEG -26.90 DPS Growth (%) 12.77
Debt Ratio 49.29 Debt Equity Ratio 0.56
Net Gearing 54.73 Gross Gearing 63.36
Asset Equity Ratio 2.73 Cash Equity Ratio 23.55
Quick Ratio 1.05 Current Ratio 1.28
Price To Book Value 0.61 ROCE -0.08

Drax Group Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total
H1 Dividend 20 Aug 2020 02 Oct 2020 GBX 6.80
H2 Dividend 23 Apr 2020 15 May 2020 GBX 9.50 15.90
H1 Dividend 19 Sep 2019 11 Oct 2019 GBX 6.40
H2 Dividend 18 Apr 2019 10 May 2019 GBX 8.50 14.10
H1 Dividend 20 Sep 2018 12 Oct 2018 GBX 5.60
H2 Dividend 19 Apr 2018 11 May 2018 GBX 7.40 12.30
H1 Dividend 21 Sep 2017 06 Oct 2017 GBX 4.90
H2 Dividend 20 Apr 2017 12 May 2017 GBX 0.40 2.50
H1 Dividend 22 Sep 2016 07 Oct 2016 GBX 2.10
H2 Dividend 21 Apr 2016 13 May 2016 GBX 0.60 5.70
H1 Dividend 24 Sep 2015 09 Oct 2015 GBX 5.10

Drax Group Company Financials

Assets (£m) 2019 2018 2017
Tangible Assets 2,327 2,292 1,662
Intangible Assets 455 474 401
Investments 239 352 215
Total Fixed Assets 3,022 3,118 2,279
Stocks 292 223 272
Debtors 609 469 418
Cash & Equivalents 404 289 222
Other Assets 356 432 327
Total Assets 4,683 4,530 3,518
Liabilities (£m) 2019 2018 2017
Creditors within 1 year 1,300 1,723 865
Creditors after 1 year 1,667 1,037 933
Other Liabilities 0 0 0
Total Liabilities 2,967 2,759 1,798
Net assets 1,716 1,771 1,720
Equity (£m) 2019 2018 2017
Called up share capital 47 47 47
Share Premium 430 425 424
Profit / Loss -3 14 -183
Other Equity 869 857 832
Preference & Minorities 0 0 0
Total Capital Employed 1,716 1,771 1,720
Ratios 2019 2018 2017
Debt Ratio 49.29 36.93 35.16
Debt-to-Equity 0.56 0.38 0.52
Net Gearing 54.73 54.53 44.78
Gross Gearing 63.36 60.91 51.10
Assets / Equity 2.73 2.56 2.05
Cash / Equity 23.55 16.32 12.92
EPS 0.10 5.00 -37.20
Cash Flow (£m) 2019 2018 2017
Cash from operating activities 413 311 315
Cashflow before financing -450 178 -239
Increase in Cash 122 66 -4
Income (£m) 2019 2018 2017
Turnover 4,713 4,229 3,685
Cost of sales 3,979 3,590 3,140
Gross Profit 734 639 545
Operating Profit 62 60 -117
Pre-Tax profit -3 14 -183
Profit / Loss for the year 47 47 47

Drax Group Company Background

Sector Conventional Electricity
Activities Drax Group plc is the owner and operator of Drax Power Station, the largest, cleanest and most efficient coal-fired power station in the UK. It is responsible for generating 7% of the UK's electricity. Having successfully upgraded the UK's biggest power station through innovative engineering, it is now a predominantly biomass-fuelled generator. 70% of the electricity it produces – enough to power Leeds, Manchester, Sheffield and Liverpool – is now made using compressed wood pellets rather than coal.
Latest Interim Date 29 Jul 2020
Latest Fiscal Year End Date 27 Feb 2020

Drax Group Directors

Appointed Director Position
2015-11-16 Dwight Daniel William Gardiner Chief Executive
2019-01-02 Andrew Keith Skelton Chief Financial Officer
2015-01-01 Philip Gotsall Cox Non-Executive Chairman
2019-04-17 John Baxter Non-Executive Director
2018-01-12 Dr Nicola Hodson Non-Executive Director
2017-08-01 David Simon Matthew Nussbaum Non-Executive Director
2018-06-19 Vanessa Kate Simms Non-Executive Director

Drax Group Contact Details

Company Name Drax Group
Company Address Drax Power Station, PO Box 3, Selby, North Yorkshire YO8 8PQ.
Company Telephone +44 (0)1757 612 333
Company Website http://www.drax.com/

Drax Group Advisors

Auditor Name Deloitte & Touche LLP
Auditor Address Stonecutter Court, 1 Stonecutter Street, London EC4A 4TR.
Auditor Website http://www.deloitte.com/
Auditor Telephone +44 (0)20 7936 3000
Registrar Name Equiniti
Registrar Address Aspect House, Spencer Road, Lancing, West Sussex BN99 6DA.
Registrar Website http://www.equiniti.com/
Registrar Telephone 0871 384 2030
Broker Name Deutsche Bank AG London
Broker Address 1 Great Winchester Street, London EC2N 2DB.
Broker Website http://www.db.com/
Broker Telephone +44 (0) 20 7545 8000
Adviser Name Deutsche Bank AG London
Adviser Address 1 Great Winchester Street, London EC2N 2DB.
Adviser Website http://www.db.com/
Adviser Telephone +44 (0) 20 7545 8000
Solicitor Name Norton Rose LLP
Solicitor Address 3 More London Riverside, London SE1 2AQ.
Solicitor Website http://www.nortonrose.com/
Solicitor Telephone +44 (0)20 7283 6000
Stockbroker Name UBS Investment Bank
Stockbroker Address 1 Finsbury Avenue, London EC2M 2PP.
Stockbroker Website http://www.ibb.ubs.com/
Stockbroker Telephone +44 (0)20 7567 8000