Drax reported FY 2025 adjusted EBITDA of GBP 947 million and operating profit of GBP 241 million, with profit before tax of GBP 190 million. Adjusted basic EPS was 137.7p and the FY dividend was 29.0p per share. Net debt was GBP 784 million and the net debt/adjusted EBITDA ratio was 0.8x, with GBP 942 million of cash and committed facilities. The company highlighted record renewable generation of 15.0TWh and record pellet production of 4.2Mt. Drax said the reduction in operating profit primarily reflected a non-cash impairment charge of GBP 378 million, including impairments related to the Canadian pellet business and the paused Longview pellet project, as well as UK BECCS. Drax also pointed to the signing of a low carbon dispatchable CfD for Drax Power Station covering April 2027 to March 2031, and progress on battery energy storage, including commitments in a 710MW BESS pipeline and the planned acquisition of Flexitricity (expected completion around March 2026).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Drax Group plc published the original content used to generate this news brief on February 26, 2026, and is solely responsible for the information contained therein.