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Drax Group Expects FY 25 Adjusted. Ebitda At Top End Of Consensus

ReutersDec 11, 2025 7:24 AM

- Drax Group PLC DRX.L:

  • TRADING UPDATE

  • EXPECTS 2025 ADJUSTED. EBITDA AT TOP END OF CONSENSUS

  • TARGETS £3 BILLION FREE CASH FLOW FROM 2025 TO 2031

  • BY 2050, DEMAND FOR POWER IS EXPECTED TO DOUBLE

  • NOW EXPECTS TO RETAIN OPEN CYCLE GAS TURBINES ASSETS AS A PART OF ITS FLEXGEN PORTFOLIO

  • EXPECTS TO ALLOCATE UP TO C.£2 BILLION TO INCREMENTAL INVESTMENT, PRIMARILY IN FLEXIBLE AND RENEWABLE ENERGY UK NEEDS

  • IN MEDIUM TERM PELLET PRODUCTION US BUSINESS IS WELL UNDERPINNED BY SALES INTO UK, CANADIAN BUSINESS EXPECTED TO BE MORE CHALLENGED

  • DECISION TO CLOSE DRAX'S PELLET PLANT IN WILLIAMS LAKE

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