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Drax (DRX) Share News

Drax CFO Andy Skelton to retire, will stay until successor is found

4th Dec 2024 08:36

(Alliance News) - Drax Group PLC on Wednesday said Chief Financial Officer Andy Skelton has decided to retire from the board and his role as CFO. Read More

LONDON BROKER RATINGS: HSBC says 'buy' recruiters SThree and Hays

18th Nov 2024 09:36

(Alliance News) - The following London-listed shares received analyst recommendations on Monday morning and Friday: Read More

LONDON BROKER RATINGS: Deutsche Bank raises Ibstock to 'buy'

13th Nov 2024 09:33

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More

CORRECT: Stocks called higher while Trump assembles cabinet

13th Nov 2024 08:41

(Corrects Babcock's half-year revenue from a year ago to GBP2.18 billion from GBP1.18 billion.) Read More

LONDON BRIEFING: Stocks called higher while Trump assembles cabinet

13th Nov 2024 07:55

(Alliance News) - London stocks were called to open in the green on Wednesday, while eurozone and Asian markets prepare themselves for tariffs from the hawkish incoming US government. Read More

LONDON MARKET MIDDAY: Stocks down in tough week for Germany

12th Nov 2024 12:05

(Alliance News) - Stock prices in London were lower at midday on Tuesday as investors digest pessimistic data out of Europe, thanks to headwinds threatened by Donald Trump's US election victory. Read More

Drax eyes top-end annual earnings amid progress towards 2027 targets

12th Nov 2024 10:19

(Alliance News) - Drax Group PLC on Tuesday predicted full-year adjusted earnings will be at the top-end of City expectations after a continued strong performance across the business. Read More

IN BRIEF: Drax readies second part of GBP300 million share buyback

22nd Oct 2024 10:03

Drax Group PLC - Yorkshire, England-based power generator - Confirms it will go ahead of the second tranche of its GBP300 million share buyback programme. Like the first tranche, the second will be worth up to GBP75 million. So far under the first tranche, begun in July, Drax has bought back 9.0 million shares for GBP59 million. The buyback will continue to be run by RBC Europe Ltd, and the second tranche will begin as soon as the first is completed, Drax says. Read More

UK dividends calendar - next 7 days

18th Oct 2024 15:35

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UK dividends calendar - next 7 days

12th Sep 2024 13:50

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End of Drax Group probe in UK "removes an overhang"

29th Aug 2024 17:09

(Alliance News) - Drax Group PLC is to pay a GBP25 million penalty after the UK energy regulator said it did not accurately record data, though the lack of any evidence that it biomass offering is not sustainable offered some relief. Read More

Drax to pay GBP25 million penalty for data-reporting breach

29th Aug 2024 09:19

(Alliance News) - Power station operator Drax Group PLC has agreed to pay a GBP25 million penalty after the energy watchdog found it failed to report accurate data following an investigation into the sustainability of the biomass it uses at its wood-burning power plant. Read More

IN BRIEF: Drax secures major sustainability-linked credit facility

20th Aug 2024 10:51

Drax Group PLC - Selby, England-based electricity generator - Announces the refinancing of its revolving credit facility into a new sustainability-linked facility of GBP450 million due to mature in 2027 with options to extend by two years. The facility provides additional liquidity and replaces an existing GBP300 million facility which matures in 2026. Read More

DIRECTOR DEALINGS: Howden Joinery finance head banks GBP1.4 million

2nd Aug 2024 11:50

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News: Read More

LONDON BROKER RATINGS: Citigroup lifts BAE; Morgan Stanley cuts Drax

29th Jul 2024 09:39

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More

LONDON MARKET CLOSE: Stocks green; US PCE hotter than expected

26th Jul 2024 17:06

(Alliance News) - Stock prices in London closed higher on Friday, after inflation in the US rose slightly more than expected in June. Read More

Drax unveils dividend increases as profit jumps 37% in first half

26th Jul 2024 14:40

(Alliance News) - Drax Group PLC on Friday reported strong double-digit growth in the first half as the company prepares to become a key player in the UK's future energy strategy. Read More

LONDON MARKET MIDDAY: NatWest prospers and stocks advance ahead of PCE

26th Jul 2024 12:06

(Alliance News) - European stocks climbed, with London's FTSE 100 on track for a winning week, despite a volatile week in financial markets. Read More

LONDON MARKET OPEN: FTSE 100 pushes higher as NatWest impresses

26th Jul 2024 09:05

(Alliance News) - London's FTSE 100 opened higher on Friday, with NatWest leading the charge, though gains were largely broad-based ahead of a US inflation reading to come. Read More

LONDON BROKER RATINGS: Berenberg cuts Keywords Studios to 'hold'

3rd Jul 2024 09:32

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More

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