Investment proposition

Drax is continuing to explore options to further improve earnings quality and deliver targeted long-term growth, evaluating opportunities to diversify across the markets in which we operate – pellet supply, generation and retail. Our strategy will deliver greater diversification for the business as it helps change the way energy is generated, supplied and used for a better future.

Key facts

12 months ended 31 December 2016

2016

2015

Key financial performance measures

EBITDA (£ million)140169
Underlying earnings (£ million)2146
Underlying earnings per share (pence)511
Total dividends (pence per share)2.55.7

Statutory accounting measures

Profit before tax (£ million)376409
Reported basic earnings per share (pence)4814
Full year results

Full year results for the twelve months ended 31st December 2016: Good operational performance, 65% of electricity from renewable biomass and progress with strategic initiatives

Investor relations

Mark Strafford

Investor Relations Manager

 +44 (0)1757612491

mark.strafford@drax.com

Drax Power Station, Drax, Selby YO8 8PH

 

Share price

Share price graph

Financial calendar

General Meeting

8 February 2017

Preliminary results announcement

16 February 2017

Annual General Meeting

13 April 2017

Ordinary Shares marked ex-final dividend

20 April 2017

Record date for entitlement to final dividend

21 April 2017

Payment of final dividend

12 May 2017

Trading update and capital markets event

15 June 2017

Financial half year end

30 June 2017

Announcement of half year results

19 July 2017

Financial year end

31 December 2017