Drax Expects Adjusted Earnings at Top of Consensus Range

Dow Jones

05/01

By Adam Whittaker

Power-generation company Drax said it expects full-year adjusted earnings to be at the top end of market views.

The U.K. company said adjusted earnings before interest, taxes, depreciation and amortization should be at the high end of the 848 million to 896 million-pound ($1.13 billion-$1.19 billion) range that analysts expect.

Drax said it will report its half-year results on July 31.

Write to Adam Whittaker at adam.whittaker@wsj.com

(END) Dow Jones Newswires

May 01, 2025 03:27 ET (07:27 GMT)

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