Drax raises FY adjusted EBITDA guidance after strong H2
Drax raised expectations for 2026 adjusted underlying earnings to around the top end of consensus (£680m–£711m), citing strong operational delivery through summer and the addition of BSIF from 1 August.
Drax said adjusted underlying earnings for 2026 are now expected to come in around the top end of consensus estimates of £680m to £711m, supported by solid operational delivery through the summer and the addition of BSIF from 1 August. Drax also pointed to further cost savings, mainly in warehous…