Drax Group PLC (FRA:D9F2)

€ 5.68 -0.205 (-3.48%) Market Cap: 2.27 Bil Enterprise Value: 3.65 Bil PE Ratio: 3.58 PB Ratio: 0.97 GF Score: 76/100

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Drax Group PLC Capital Markets Day Transcript

Dec 01, 2021 / 10:00AM GMT

Release Date Price: €6.45 (+4.03%)

Transcript

Mark Strafford

Drax Group plc - Head of IR

Good morning, everyone, and welcome to Drax Group's 2021 Capital Markets Day. It's great to see so many of you here with us in the room today. And looking around, I mean, I think I recognize most people, but for those of you who I've not met, I'm Mark Strafford, the group's Head of IR.

I'd also like to wish a warm welcome to those of you joining via the webcast. I know we have a large number dialing in this morning. So again, welcome.

Just a couple of bits of admin from me before I hand over to Will Gardiner, the group's Chief Executive, to take you through the strategy. Firstly, and most importantly, safety, yours and ours. There are no scheduled fire drills this morning. So if the fire alarm does sound, please take notice and leave the building. Secondly, in terms of structure for today, we have 4 presenters. Firstly, Will, who will be updating on strategy; secondly, Alan Knight, who will be updating on sustainable business. Third, Jason Shipstone, who will be updating on negative emissions and BECCS. And thirdly, our CFO, Andy Skelton, who

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