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Drax Group (FRA:D9F2) Research & Development : €0 Mil (TTM As of Dec. 2023)


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What is Drax Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Drax Group's Research & Development for the six months ended in Dec. 2023 was €0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was €0 Mil.

Drax Group Research & Development Historical Data

The historical data trend for Drax Group's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Drax Group Research & Development Chart

Drax Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Drax Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Drax Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Drax Group  (FRA:D9F2) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Drax Group Research & Development Related Terms

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Drax Group (FRA:D9F2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Drax Group PLC (FRA:D9F2) » Definitions » Research & Development
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Traded in Other Exchanges
DRXGY:USA DRXGF:USA DRXl:UK DRX:UK
Address
Drax Power Station, Selby, North Yorkshire, GBR, YO8 8PH
Website
http://www.drax.com
Drax Group PLC is a UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. It operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland. The company also operates a global bioenergy supply business with manufacturing facilities at around 13 sites in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia.

Drax Group (FRA:D9F2) Headlines

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