Drax raises 2026 profit outlook on heatwave demand
Drax expects full-year adjusted core profit at the top end of market consensus, citing a summer heatwave that boosted power demand and capacity added via its acquisition of Bluefield Solar Income Fund.
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06:40:45 AM UTC
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Drax Group PLC LSE:DRX
British power generator Drax LSE:DRX said on Thursday it expects full-year adjusted core profit to come in at the top end of market consensus, as a summer heatwave boosted demand and its acquisition of Bluefield Solar Income Fund increased capacity. 7472 pounds.