Drax increases EBITDA in pellet segment to £45m

Significantly higher costs as well as depreciation and amortisation payments

The energy group Drax Group plc. of London, UK, produced a total of 2.0m t (Jan.-June 2021: 1.3m t) of pellets in the first half of 2022. The increase of almost 54% in mainly attributable to last year’s takeovers of and stakes acquired in pellet producers in North America, capacity enlargement at existing works, and...

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