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Drax profits fall on weak UK power prices

By Frank Prenesti

Date: Thursday 30 Jul 2026

(Sharecast News) - Energy supplier Drax reported a 39% fall in first‑half profit, reflecting weaker UK power prices and lower generation margins. The group said market conditions remained challenging through the period, with reduced volatility and lower captured prices weighing on earnings.


Revenue was broadly stable, supported by...

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