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Drax Group

Current Price 269.60p Bid 267.80p Ask 273.20p Change -0.15%
Last Updated: 06/07/2020 21:25. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

Drax owns and operates the Drax Power Station, the UK's largest coal-fired power station based in North Yorkshire. The group's main activity is operating the station and the trading of electricity produced.

Financial Highlights Year Ended 31/12/2019

Revenue
£4,713.40m
Operating Profit/Loss
£62.00m
Dividend yield (%)
5.10
Total dividend for year
15.9000p
Dividend cover
1.88
P/E Ratio
10.50
More Financials

Key Personnel

Mr Philip Cox
Chairman
Mr Will Gardiner
Chief Executive Officer
Mr Andy Skelton
Chief Financial Officer
Ms Nicola Hodson
Independent Non-Executive Director
Ms Vanessa Simms
Independent Non-Executive Director
Mr John Baxter
Non-Executive Director
Mr David Nussbaum
Senior Independent Director

Stock Details

EPIC
DRX
ISIN
GB00B1VNSX38
Shares in Issue
396.91m
Market cap
£1,070.08m
Sector
Electricity Generation and Distribution

Analyst Views (1)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
269.60p
Bid Price
267.80p
Ask Price
273.20p
Volume
761,631
Change Today
-0.40p
% Change Today
-0.15%
Open
261.80p
Previous Close
269.60p
Intraday High
282.60p
Intraday Low
258.92p
52 Week High
334.20p
52 Week Low
126.40p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

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Income Statement

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Continuing Operations
Revenue
4,713.40
4,229.00
Operating Profit/Loss
62.00
59.90
Net Interest
-65.20
-46.40
Pre-Tax Profit
-2.80
13.80
Profit After Tax from continuing operations
0.50
20.20
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
0.50
20.20
Attributable to:
Equity Holders of Parent Company
0.50
20.20
Minority Interests
n/a
n/a
Total Dividend Paid
15.9000p
14.1000p
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2019
31 Dec 2018
Basic
0.10p
5.00p
Diluted
0.10p
4.90p
Adjusted
29.90p
10.40p
Dividend per Share
15.9000p
14.1000p

Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
2,358.80
2,347.60
Intangible Assets
455.10
477.00
Investment Properties
n/a
n/a
Investments
3.00
2.40
Other Financial Assets
n/a
n/a
Other Non-Current Assets
204.60
348.60
Current Assets
Inventories
292.00
222.50
Trade & Other Receivables
608.80
474.20
Cash at Bank & In Hand
404.10
289.00
Current Asset Investments
n/a
n/a
Other Current Assets
356.40
432.10
Other Assets
n/a
n/a
Total Assets
4,682.80
4,593.40

Liabilities

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Current Liabilities
Borrowings
6.30
0.10
Other Current Liabilities
1,293.50
1,730.10
Total Current Liabilities
1,299.80
1,730.20
Non-Current Liabilities
Borrowings
1,271.40
608.00
Provisions
323.10
366.70
Other Non-Current Liabilities
72.90
62.00
Total Non-Current Liabilities
1,667.40
1,036.70
Other Liabilities
n/a
n/a
Total Liabilities
2,967.20
2,766.90

Net Assets

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Net Assets
1,715.60
1,826.50

Capital & Reserves

Year End Date
31 Dec 2019
31 Dec 2018
 
£ (M)
£ (M)
Share Capital
47.40
47.00
Share Premium Account
429.60
424.70
Other Reserves
868.90
912.10
Retained Earnings
369.70
442.70
Shareholders Funds
1,715.60
1,826.50
Minority Interests/Other Equity
n/a
n/a
Total Equity
1,715.60
1,826.50

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
23 Apr 2020
15 May 2020
9.50p
Interim
19 Sep 2019
11 Oct 2019
6.40p
Final
18 Apr 2019
10 May 2019
8.50p
Interim
20 Sep 2018
12 Oct 2018
5.60p
Final
19 Apr 2018
11 May 2018
7.40p
Interim
21 Sep 2017
06 Oct 2017
4.90p
Final
20 Apr 2017
12 May 2017
0.40p
Interim
22 Sep 2016
07 Oct 2016
2.10p
Final
21 Apr 2016
13 May 2016
0.60p
Interim
24 Sep 2015
09 Oct 2015
5.10p
Special
17 Sep 2008
08 Oct 2008
9.70p

Dividend Metrics

Year End Date
31 Dec 2019
31 Dec 2018
Dividend growth
12.77%
14.63%
Dividend yield
5.10%
3.90%
Dividend cover
1.88
0.74
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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