• All divisions achieved improved earnings, finishing on the positive side. • Substantial EBITDA improvement supports OCF and net debt levels above expectations. • A £50m dividend payment (12.3p/share). Positive £50m share buy-back surprise.
27 Feb 2018
Good cash generation performance
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Good cash generation performance
Drax Group plc (DRX:LON) | 490 -46 (-1.9%) | Mkt Cap: 1,894m
- Published:
27 Feb 2018 -
Author:
Juan Camilo Rodriguez -
Pages:
4
• All divisions achieved improved earnings, finishing on the positive side. • Substantial EBITDA improvement supports OCF and net debt levels above expectations. • A £50m dividend payment (12.3p/share). Positive £50m share buy-back surprise.