Drax Group Reports Lower H1 Profit, Revenue

02:42 AM EDT, 07/30/2026 (MT Newswires) -- Drax Group (DRX.L) said Thursday that its profit and revenue for the first half declined year over year. Profit attributable to owners of the parent company for the six months ended June 30 was 166.8 million pounds sterling, compared with 220.8 million pounds a year earlier. EPS moved to 0.483 pound from 0.60 pound. The renewable energy company's revenue was 2.48 billion pounds, compared with 2.65 billion pounds a year ago. Meanwhile, the board declared an interim dividend of 0.129 pound per share, payable on Oct. 23 to shareholders on record Sept. 25. It previously paid a dividend of 0.116 pound per share. Looking ahead, the company expects to raise its full-year 2026 dividend to 0.322 pound per share from 0.29 pound per share paid in the previous year.