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IMPLIED MARGIN OF SAFETY (beta)
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Last ex-div: 24th Apr, paid: 17th May more... Dividends
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Book Value ps p +28.2%

FINANCIAL BRIEF: For the fiscal year ended 31 December 2012, Drax Group Plc revenues decreased 3% to L1.78B. Net income decreased 65% to L163.8M. Revenues reflect Generation segment decrease of 15% to L1.33B. Net income also reflects Unrealised (losses)/gains on derivative increase from L89.8M (income) to L36.1M (expense), Repairs and Maintenance increase of 60% to L53.4M (expense). Dividend per share decreased from L0.28 to L0.25. more »

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BROKER FORECASTS
31st Dec 2013
31st Dec 2014

Price Target: 644.4p (+17.01% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: -12.4% (£) (p) (p) (£) (p) (p)
Consensus Estimate
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16 brokers BROKER CONSENSUS & FORECAST TREND
Broker Recommendations for Drax
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 1 2 5 4 4

Named Brokers and Analysts
Credit Suisse Mark Freshney , Investec Bank (UK) Plc , Nomura Securities Jonathan Constable , Macquarie Research , Societe Generale Ashley Thomas , Evolution Securities (Hist) , UniCredit Research , Matrix Corporate Capital LLP , Liberum Capital Peter Atherton , Alphavalue Myriam Cohen , Cantor Fitzgerald Europe Angelos Anastasiou ,

Drax Group plc is the holding company of the Drax group of companies. The Company is engaged in the generation and sale of electricity and by-products of the electricity generation process at Drax Power Station, Selby, North Yorkshire and the sale of electricity to business customers by Haven Power Limited (Haven Power). It and its subsidiaries operate in the electricity generation and supply industry within the United Kingdom. It operates both a generation and a retail business in the United Kingdom electricity market. It generates electricity at Drax Power Station. In retail, it supplies of electricity to retail customers in the small and medium enterprise and industrial and commercial markets. As of December 31, 2011, its output capacity of its six generators was 4,000 megawatts. Its subsidiaries include Drax Finance Limited, Drax GCo Limited, Drax Group Limited, Drax Intermediate Holdings Limited and Drax Holdings Limited.

Directors: Dorothy Thompson (CEO) , Anthony Quinlan (Fin. Dir.) , Peter Emery (Exec. Dir.) , Paul Taylor (Exec. Dir.) , Philip Hudson (Secy.) ,

No. of Employees: 1,163 No. of Shareholders: 2,923


Last Annual December 31st, 2012
Last Interim December 31st, 2012
Shares in Issue 401,962,224
Free Float 400.8m (99.7%)
Sector Utilities
Industry Electric Utilities & IPPs
Index FTSE Euromid, FTSE Higher Yield , FTSE 350 Act , FTSE 250 Mid , FT350 Electricty ,
Exchange London Stock Exchange (Full)
Eligible for an ISA? a SIPP?

DRX SHARE PRICE PERFORMANCE DRX QUOTE
DRX Share Price GBp
548.66p
Day's Change
0.0  0.0%
Traded 4:42pm · Minimum 15 min delayed

LATEST DRX NEWS ANNOUNCEMENTS (delayed)

UPCOMING DRX EVENTS
Tuesday 30th July, 2013
Interim 2013 Drax Group PLC Earnings Release
Tuesday 18th February, 2014 (estimate)
Preliminary 2013 Drax Group PLC Earnings Release

Recent ↓
Wednesday 12th June, 2013
Drax Group PLC at Bank of America Merrill Lynch Utilities & Renewables Conference
Wednesday 8th May, 2013
Drax Group PLC Interim Management Statement for the period from 1 January 2013 to date
Wednesday 24th April, 2013
Dividend For DRX.L
Wednesday 24th April, 2013
Dividend For DRXGY.PK
Wednesday 24th April, 2013
Drax Group PLC Annual General Meeting
Tuesday 19th February, 2013
Preliminary 2012 Drax Group PLC Earnings Conference Call
Tuesday 19th February, 2013
Preliminary 2012 Drax Group PLC Earnings Release
Thursday 25th October, 2012
Drax Group PLC Secondary Public Offering Pricing
Thursday 25th October, 2012
Drax Group PLC Interim Management Statement
Wednesday 26th September, 2012
Dividend For DRX.L


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