We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

Close

registration required

or
for more website access

This content can only be viewed by subscribers and registered users of Investors Chronicle.

Subscribe or register free today

Drax "not for dividend hunters"

Don’t be too concerned about the hefty headline profit slide at Drax (DRX) - which operates Europe’s largest coal-fired power station. Strip-out such factors as the hit from marking-to-markets the group’s derivative contracts and underlying earnings fell 4 per cent in 2012 to £193m.

registration required

visible-status-Standard story-url-Drax_FYResults_19022013.xml

By John Ficenec,
20 February 2013

Print this article
Comments

Related Companies

Register today and get...

Register today and get...
Please note terms & conditions apply