Drax Group Plc - Company Profile
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Drax Group plc (Drax) generates, carries out wholesales trade, and retails electricity; and distributes wood pellets. Established market position, increase in pellet production and business performance of customers segment are its major strengths, even as cost inefficiency could be a cause of concern. The company could benefit from contracts and agreements and renewable initiatives in Europe. However, wholesale market risks, raw material cost fluctuations, and environmental laws and regulations could pose challenges to its operations.
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