Drax Group Says FY Expectations For Adj EBITDA In Line With Consensus Estimates

ReutersApr 30, 2026 6:42 AM

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April 30 (Reuters) - Drax Group PLC DRX.L:

TRADING UPDATE
FULL YEAR 2026 EXPECTATIONS FOR ADJUSTED. EBITDA((1)) IN LINE WITH CONSENSUS ESTIMATES
£450M BUYBACK - FIRST £75M TRANCHE COMPLETE, SECOND £75M TRANCHE TO COMMENCE MAY 2026
GROUP'S SUPPLY CHAIN HAS A HIGH LEVEL OF OPERATIONAL REDUNDANCY, WITH LIMITED EXPOSURE TO UNDERLYING COMMODITY PRICES
DRAX POWER STATION IS PERFORMING WELL

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