Young's hails 'strong' Christmas trading

18th Jan 2024 09:35

(Sharecast News) - Pub chain Young's hailed "strong" Christmas trading on Thursday as it said the acquisition of City Pub Group is due to complete on 4 March, after shareholders voted strongly in its favour.

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Young's toasts strong first-quarter sales

6th Jul 2023 07:23

(Sharecast News) - Young & Co's Brewery said on Thursday that it was "optimistic" for the rest of the year, as it toasted a jump in first-quarter sales.

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Young's confident in year ahead after 'robust' final results

25th May 2023 09:47

(Sharecast News) - Pub operator Young & Co's reported a "robust" performance in its final results on Thursday, with full-year revenue up 19.4% to £368.9m.

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Young's revenue and profits grow amid 'welcome return' to normal trading

10th Nov 2022 08:55

(Sharecast News) - Pub chain Young's said on Thursday that both revenue and adjusted profits had grown year-on-year over the six months ended 26 September amid a "welcome return to a normal pub environment".

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Young & Co sees 'strong trading momentum' carry over into Q1

5th Jul 2022 08:00

(Sharecast News) - Pub chain company Young & Co's Brewery said on Tuesday that the "strong trading momentum" achieved in the final quarter of its previous trading year had carried over into the new one, with "an excellent start" to the current financial year.

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Young's returns to profit, reinstates final dividend

19th May 2022 12:53

(Sharecast News) - Pub operator Young's swung back to profit in the financial year just ended, it announced on Thursday, as the board reintroduced a final dividend.

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Young's CEO Patrick Dardis to step down

16th Mar 2022 12:06

(Sharecast News) - Pub chain Young's said on Wednesday that chief executive officer Patrick Dardis will be stepping down at the annual meeting on 5 July after 20 years at the company.

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Investment in pubs and pent-up demand propels Young's through first half

11th Nov 2021 07:42

(Sharecast News) - Pub operator Young's reported strong trading in its interim results on Thursday, as it benefitted from its capital expenditure programme last year, as well as pent-up demand following the reopening of hospitality venues after lengthy Covid-19 lockdowns.

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Pent-up demand boosts trading at Young & Co

20th Jul 2021 11:20

(Sharecast News) - Trading at Young & Co's Brewery has beaten management expectations, the pub chain said on Tuesday, as lockdown restrictions eased and customers returned.

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Young's to sell most of tenanted pubs estate for £53m

12th Jul 2021 08:28

(Sharecast News) - Pub and hotels group Young & Co's Brewery said on Monday that it has agreed to sell most of its tenanted pubs estate for £53m in cash as it looks to focus on managed pubs and hotels.

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Friday broker round-up

21st May 2021 12:24

(Sharecast News) - Hotel Chocolat Group: Berenberg reiterates hold with a target price of 390p.

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Young & Co says dividend payment for next year cannot exceed £5m

17th Mar 2021 16:43

(Sharecast News) - Pub group Young & Co set out its reopening plans on Wednesday and said it has agreed with lenders that its dividend payments for the next year cannot exceed £5m.

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Wetherspoon rises but Sunak disappoints on pub support

3rd Mar 2021 15:34

(Sharecast News) - Shares of JD Wetherspoon and Mitchells & Butlers rose after Chancellor Rishi Sunak provided limited support for the UK's pubs in his budget.

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Young's swings to loss in first half, remains positive on December trading

12th Nov 2020 10:13

(Sharecast News) - Brewer and pub operator Young's reported total first-half revenue of £55.1m on Thursday, down from £168.2m year-on-year, with an adjusted EBITDA of £2.9m, falling from £47.2m.

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Young & Co's raises £88m through equity placing

25th Jun 2020 11:50

(Sharecast News) - Young & Co's has raised more than £88.0m following an equity placing, the brewing and pub company confirmed on Thursday.

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