REG - Young & Co's Brew. - FY26 Trading Update

Young & Cos BreweryAnnouncement

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RNS Number : 5659B  Young & Co's Brewery PLC  23 April 2026

YOUNG & CO.'S BREWERY, P.L.C.

("Young's")

 

FY26 TRADING UPDATE

 

STRONG PERFORMANCE IN LINE WITH EXPECTATIONS FOR FY26

 

Young's, the premium operator of pubs and bedrooms in London and the South of
England, announces a trading update for the 52 weeks ended 30 March 2026.

 

Trading

 

Young's delivered another strong performance in FY26, with total managed house
revenue up 4.6% for the 52-week period, alongside an increase of 4.7% in
like-for-like sales. As such, trading for the full year is expected to be in
line with management's expectations.

 

This positive performance, which has been delivered against considerable and
well publicised challenges facing the sector, is testament to Young's proven
strategy and its commitment to making continuous investments in its premium
estate.

 

While we remain mindful of ongoing macroeconomic uncertainty, including
volatile energy costs and the associated potential impact on consumer
discretionary spending, Young's consistent strategy of operating a premium,
well-invested managed pub estate, alongside its extensive hedging programme,
leaves it well-positioned to withstand ongoing uncertainty and deliver
profitable growth for the year ahead.

 

Cubitt House acquisition

 

On the 8 April 2026, Young's announced an agreement to acquire Cubitt House
London Pubs, a collection of eight pubs, of which three have bedrooms. Located
in some of London's most affluent neighbourhoods, the acquisition aligns
perfectly with our strategy to selectively expand our business.  The
acquisition completed on 22 April and we are now embarking on a period of
integration as we get to know further its exceptional teams and its unique
culture, which has ultimately underpinned its success.

 

 

Simon Dodd, CEO said:

 

"Our proven strategy of operating premium, well-invested pubs continue to
deliver strong resilient results. Another year of strong performance
demonstrates that, even amid ongoing pressures and uncertainty, customers
continue to choose Young's pubs, consistently attracted by the quality of our
offer and the environments created by our brilliant teams.

 

The acquisition of Cubitt House further demonstrates this strategy. We are
delighted to welcome this exceptional collection of pubs and their teams to
the Young's family as we enter a new era on the Main Market of the London
Stock Exchange."

 

 

 

For further information, please contact:

Young & Co.'s Brewery,
P.L.C.
020 8875 7000

Simon Dodd, Chief Executive Officer

Michael Owen, Chief Financial Officer

 

MHP Group

Tim Rowntree/Eleni Menikou/ Charles Hirst
 
                07770 753 544

 

Peel Hunt (NOMAD and joint broker)

George Sellar/Andrew
Clark
020 7418 8900

Stifel (joint broker)

Erik Anderson/Francis North/Orme Clarke
 
                020 7710 7600

 

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