Drax takes huge loss on coal

Despite solid progress in the core business, impairments in the coal division have dealt a major blow to British utility Drax.
Photo: ritzau/Arkiv/Niels Hougaard
Photo: ritzau/Arkiv/Niels Hougaard

Revenue in the first half of the year rose by GBP 400 million (EUR 452 million) and earnings before tax and depreciations (EBITDA) almost doubled from GBP 70 million last year to GBP 120 million this year.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading


See all jobs