Drax reports biomass business boosted 2017 pre-tax earnings – Financial Times

The EnergystDrax reports biomass business boosted 2017 pre-tax earningsFinancial TimesDrax, the power company, announced a 64 per cent jump in pre-tax earnings on Tuesday, boosted by a strong performance from its biomass business. The company reported earnings before interest, tax, depreciation and amortisation (ebitda) of £229m for the Drax earnings rise despite burning through £5m in biomass fireUtility WeekUK generator Drax hits 2017 output target despite December disruptionPlattsDrax earnings growth boosted by biomass businessStock Market WireReuters -Yorkshire Post -The Energystall 17 news articles »

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