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

Drax Group PLC Capital Markets Day Transcript

May 23, 2023 / 01:00PM GMT
Dwight Daniel Willard Gardiner
Drax Group plc - Group CEO & Executive Director

So welcome, everyone to the Drax Group Capital Markets Day 2023 version. Nice to see you all in person. I'm Will Gardiner, I'm the CEO of Drax and I will be kicking off today to talk about our strategy. I'll be followed by Jason Shipstone, our Chief Innovation Officer, who's going to give you more details on what we're doing on global BECCS followed by Dr. Alan Knight, who is our Chief Sustainability Officer, who will talk about the importance of sustainability and how we practice it.

And then Andy Skelton, our Chief Financial Officer, will finish off to run you through some of the numbers, which is probably what you're all here for. So I'll kick off with our purpose, which I think you're all probably familiar with, which is to enable a zero carbon, lower-cost energy future.

You're also, I'm sure, familiar with our ambition, which is to become a carbon-negative company by 2030. But I've added into this slide, a bit of a mention of our people who are obviously critical to the success of this. And we've

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