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RNS Number : 2551Q Young & Co's Brewery PLC 09 July 2025
9 July 2025
YOUNG & CO.'S BREWERY, P.L.C. ("Young's")
AGM Update
Young's, the premium operator of pubs and bedrooms, issues the following
trading statement for the 14 weeks from 1 April 2025 to 8 July 2025 in advance
of the Annual General Meeting taking place today at 11.30am at the Park Plaza
Hotel, 239 Vauxhall Bridge Road, Pimlico, London SW1V 1EQ.
We are pleased to report that the strong trading momentum announced in our
full year results on 5(th) June 2025 has continued. Revenue for the first 14
weeks of the financial year beginning 1(st) April 2025 is up 6.6% in total and
7.0% on a like-for-like basis against last year. This performance has
benefitted from long periods of warm and sunny weather during spring and early
summer, supporting growth particularly in our beautiful gardens and riverside
pubs. These results are even more pleasing when measured against the prior
year comparator, which benefitted from the significant positive impact of
EURO24 Championship on performance in June and early July.
We remain confident about the year ahead, despite the well-publicised
challenges faced by our industry. We continue to invest in our estate and have
already completed several schemes to take advantage of the summer trading
period. The strong performance demonstrates that our proven strategy of
operating premium, individual, and well-invested pubs and bedrooms,
consistently delivers industry leading results.
Simon Dodd, CEO of Young's, commented:
"We are delighted to be reporting excellent trading over the first quarter of
the new financial year, particularly against such a strong comparator. Young's
pubs are thriving, and our strategy of employing the very best teams, and
maintaining a premium, well-invested and differentiated estate, continues to
deliver industry leading results. Our business is performing well, and we are
confident about the year ahead."
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
+44
(0)7701 308818
Tim Rowntree/Eleni Menikou/Charles Hirst
youngs@mhpgroup.com
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