Investing.com -- Here is a summary of regulatory news releases from the London Stock Exchange on Tuesday, 19th November. Please refresh for updates
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- The company confirmed EBITDA expectations for the full year. The latest analyst consensus is around 409 million pounds. Around one quarter of that will come from assets it bought last year from Spain's Iberdrola (MC:IBE). It noted a particularly strong performance from the acquired pumped storage business.
- Drax expects 75 million of payments for that to hit its books in January. The company said it's also made progress in lightening its debt burden after refinancing the credit facility it used for the Iberdrola (MC:IBE) deal, lengthening the group maturity profile to 2029. The new facility also becomes cheaper if Drax outperforms a benchmark tracking its carbon emissions.
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Pub owners EI Group PLC (LON:EIGE) reported a full-year annual loss after tax. The group is to be taken over by Stonegate, owners of restaurant and bar chain Slug and Lettuce, for £1.27 billion.