Drax Group PLC (FRA:D9F2)
€ 8.005 0.09 (1.14%) Market Cap: 2.99 Bil Enterprise Value: 4.34 Bil PE Ratio: 4.01 PB Ratio: 1.19 GF Score: 86/100
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Full Year 2020 Drax Group PLC Earnings Call Transcript

Feb 25, 2021 / 09:00AM GMT
Release Date Price: €4.38 (-3.95%)
Operator

Ladies and gentlemen, welcome to the Drax Full Year Results 2020 Call. My name is Sherry, and I will be the operator for your call this morning. I will now hand you over to Mr. Will Gardiner, Chief Executive Officer.

Dwight Daniel Willard Gardiner
Drax Group plc - Group CEO & Executive Director

Good morning, everybody, and welcome to the call. I will -- I'm going to walk you through the slides. I'm going to kick off with the operational review, turn it over to Andy for a financial review, and then I will come back and talk a little bit about our strategy.

So I'm now on Page 4. So our purpose and our strategy and our ambitions are unchanged. We found that they've served us well in 2020 as we work through the ongoing COVID pandemic, and we continue to make very strong progress with our strategy. In particular, the proposed acquisition of Pinnacle, we believe we'll create the world's largest biomass supply in Generation business and, importantly, advances all 3 of the complementary business models, which we're developing for a long-term future for

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