Drax Group plc (LSE:DRX) reported H1 FY26 pretax profit of £222.3m and adjusted EBITDA of £279m, lifted FY26 EBITDA guidance to about £665m with a 2029 target of £650–£800m and a c.32.2p 2026 dividend; Mark Clare will become Senior Independent Director from Aug 1, 2026.
Previous Week Recap
- Drax Group H1 FY26 Profit, Guidance: Drax Group (DRX) H1 FY26 pretax profit £222.3m, adjusted EBITDA £279m. FY26 adjusted EBITDA guidance ~£665m; 2029 target £650–£800m. 2026 dividend guidance ~32.2p (~+11%).
- Drax Group plc Appoints Senior Independent Director: Drax Group plc (DRX) appoints Mark Clare as Senior Independent Director effective August 1, 2026; Clare has served as a non-executive director since February 2026.
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