Drax expects earnings to beat market consensus
The group, which is based near Selby, said that it had maintained a high load factor and improved its profitability.
"While the commodity markets in which we operate remain challenging, as previously described, we benefit from a strong contracted position," it said.
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Hide AdIt anticipates that earnings before interest, tax, depreciation, amortisation (EBITDA) and underlying earnings per share for 2010 will beat the market consensus.
The market consensus for full-year EBITDA currently stands at 376m, according to a Reuters survey of 15 analysts.