Drax Group PLC (FRA:D9F2)

€ 5.895 0.11 (1.9%) Market Cap: 2.31 Bil Enterprise Value: 3.69 Bil PE Ratio: 3.64 PB Ratio: 0.99 GF Score: 79/100

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Drax Group PLC Capital Markets Day Transcript

Nov 19, 2019 / 09:30AM GMT

Release Date Price: €3.3 (-3.51%)

Transcript

Mark Strafford

Drax Group plc - Head of IR

So good morning, everyone. For those of you who don't know me, I'm Mark Strafford. I'm Head of IR at Drax. I'm pleased to welcome you all to our Capital Markets Day today.

Before I hand over to Will Gardiner, our CEO, I've got a couple of bits of administration to take you through. So firstly, on safety. We're not expecting any fire drill today. So if you do hear the fire alarm, please make way -- your way towards the exit.

Secondly, in terms of the agenda, we have 4 speakers today, and the presentations will be split into 2 sessions with 2 speakers and 2 lots of Q&A. And if I could ask, that you keep your questions for the first Q&A relevant to the first presentations you will have heard.

We have a number of senior managers from across Drax Group with us today. And once the formal presentations have concluded, we encourage you to speak with them over lunch. And lunch will be served downstairs. We also invite you to try our virtual reality biomass plant tour over in the corner if you have the opportunity.

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