Drax Group plc (DRX) Ordinary 11 16/29p

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London close: Stocks weaker in wake of Nvidia results
28 August 2025 17:31
(Sharecast News) - London stocks ended lower on Thursday as investors reacted to underwhelming second-quarter earnings from US chipmaker Nvidia, while a raft of UK-listed companies traded ex-dividend.
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FCA investigating Drax over biomass sourcing statements
28 August 2025 07:23
(Sharecast News) - Drax tumbled on Thursday after saying it is being investigated by the Financial Conduct Authority over statements regarding biomass sourcing.
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Drax hikes interim dividend despite H1 EBITDA fall
31 July 2025 08:12
(Sharecast News) - Power company Drax said on Thursday that both revenue and underlying earnings had fallen in the six months ended 30 June
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London close: FTSE finishes flat ahead of Trump tariff deadline
4 July 2025 17:48
(Sharecast News) - London stocks ended Thursday little changed at the top tier but weaker further down the board, as investors weighed fresh economic data and cautious sentiment ahead of Donald Trump's...
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JPMorgan resumes coverage of Drax at 'overweight'
4 July 2025 09:33
(Sharecast News) - JPMorgan Cazenove resumed coverage of Drax on Friday with an 'overweight' rating and 1,000 price target after a period of restriction.
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Drax taps Frank Lemmink for CFO
1 July 2025 07:46
(Sharecast News) - Energy firm Drax has tapped Frank Lemmink to take over from Andy Skelton as chief financial officer, with effect from 1 September.
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Jefferies resumes coverage of Drax at 'buy'
2 June 2025 13:30
(Sharecast News) - Jefferies resumed coverage of Drax on Monday with a 'buy' rating and 750p price target, saying it was "resilient" amid uncertainty.
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Drax lets proposed HEIT acquisition lapse
30 May 2025 08:02
(Sharecast News) - Drax Group's proposed acquisition of Harmony Energy Income Trust (HEIT) lapsed on Friday, after key conditions were not met by the agreed deadline.
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Drax sees FY at top end of estimates
1 May 2025 08:24
(Sharecast News) - UK power company Drax said 2025 adjusted core profit would be at the top end of analyst consensus estimates, driven by strong pellet production and biomass generation.
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Sunday newspaper round-up: India-Pakistan, Drax Group, Shein
27 April 2025 20:51
(Sharecast News) - Indian Navy ships test-fired missiles on Sunday to demonstrate the country's ability to launch "long-range, precision offensive" strikes. The move follows rising tensions...
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Harmony board drops Drax bid in favour of Foresight offer
17 April 2025 11:09
(Sharecast News) - Harmony Energy Income Trust (HEIT) announced on Thursday that it has agreed to a recommended cash acquisition by PP Bidco, a company indirectly controlled by funds managed by Foresight Group.
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Drax signs JV deal to process byproduct for building industry
27 March 2025 07:04
(Sharecast News) - Drax said it has agreed a 20-year joint venture agreement with Power Minerals to build a facility to process pulverised fuel ash into material which can be sold to the construction...
Company announcements Announcements
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Transaction in Own Shares
8 September 2025 07:00
Drax Group
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Transaction in Own Shares
5 September 2025 07:00
Drax Group
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Director/PDMR Shareholding
4 September 2025 09:00
Drax Group
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Transaction in Own Shares
4 September 2025 07:00
Drax Group
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Director/PDMR Shareholding
3 September 2025 09:00
Drax Group
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Transaction in Own Shares
3 September 2025 07:00
Drax Group
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Transaction in Own Shares
2 September 2025 07:00
Drax Group
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Total Voting Rights
1 September 2025 12:03
Drax Group
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Transaction in Own Shares
1 September 2025 07:00
Drax Group
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Transaction in Own Shares
29 August 2025 07:00
Drax Group
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Notification of Investigation by FCA
28 August 2025 07:00
Drax Group
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Transaction in Own Shares
28 August 2025 07:00
Drax Group
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