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Drax Improves Profit Guidance After Heatwave Boosts Demand
Summary by The Independent
6 Articles
6 Articles
Drax raises profit outlook after heatwave drives demand for power - London Business News
UK power generator Drax has raised its profit outlook for 2026 after demand for electricity increased during this summer’s heatwave, sending shares in the FTSE 250 group higher. Drax said… The post Drax raises profit outlook after heatwave drives demand for power appeared first on London Business News
Evening Standard+2 Reposted by 2 other sources
Drax improves profit guidance after heatwave boosts demand
Drax group chief executive Will Gardiner said strong recent trading continued into the second half of 2026.
·London, United Kingdom
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Coverage Details
Total News Sources6
Leaning Left2Leaning Right1Center2Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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