Lockdown dents final profits at Young & Co as it predicts flat sales ahead
4th Jun 2020 08:16
(Sharecast News) - Young & Co's Brewery has announced plans to reopen all its pubs by 3 August, but warned sales are unlikely to normalise until 2022.
Read moreYoung & Co's Brewery pulls interim dividend
29th May 2020 09:23
(Sharecast News) - Young & Co's Brewery said on Friday that it was pulling its interim dividend as its pubs remain shut due to the coronavirus pandemic.
Read moreJPM upgrades M&B in 'precarious times' for UK pubs
30th Apr 2020 12:09
(Sharecast News) - JP Morgan raised its rating on Mitchells & Butlers to 'overweight' as it cut 2020 earnings estimates for UK pub companies by an average of two-thirds to reflect the Covid-19 shutdown.
Read moreYoung's and Shepherd Neame warn on covid-19 impact
19th Mar 2020 10:11
(Sharecast News) - Young & Co said it could be forced to close all its bars as fellow pub operator Shepherd Neame called for further urgent government action to support businesses and workers.
Read moreYoung & Co hikes dividend despite dip in profits
14th Nov 2019 11:18
(Sharecast News) - Young & Co on Thursday reported a drop in interim profits, though the company raised its dividend after revenues climbed on the back of new acquisitions.
Read moreDirector dealings: Young and Co CEO lowers stake
20th Aug 2019 16:01
(Sharecast News) - British pub chain Young & Co revealed on Tuesday that chief executive Patrick Dardis had sold 7,468 ordinary shares in the AIM-listed firm.
Read moreYoung & Co's appoints former SABMiller exec as new CFO
29th Apr 2019 15:17
(Sharecast News) - Young & Co's Brewery has appointed former SABMiller executive Mike Owen as its new chief financial officer.
Read morePub groups toast stronger sales as restaurants continue to struggle
11th Mar 2019 11:17
(Sharecast News) - Pub sales picked up last month after a dry January but restaurants continued to falter, industry research published on Monday showed.
Read moreYoung's adds 15 pubs with Redcomb acquisition
23rd Jan 2019 10:33
(Sharecast News) - Young & Co.'s Brewery announced the acquisition of Redcomb Pubs - a company that owns and operates 15 pubs in "prime" locations - for £34m on a cash-free and debt-free basis on Wednesday.
Read moreYoung's CFO Steve Robinson resigns
11th Dec 2018 07:59
(Sharecast News) - Young's said on Tuesday that Steve Robinson has resigned as chief financial officer and left the business to pursue other interests.
Read moreSales stagnates across pub and restaurant sector - survey
19th Nov 2018 11:13
(Sharecast News) - British pubs and restaurants saw growth stagnate in October, as the sector wrestled with stiff competition, curtailed spending and rising costs.
Read moreSpending on eating out remains resilient as inflation crunch looms
16th Feb 2017 10:33
(ShareCast News) - In the normally quiet month for the pubs and restaurant sector, sales data for January was positive overall and showed casual dining chains enjoying a continued recovery. Industry like-for-like sales grew 1.9% in January 2017 compared to 2016, according to the Coffer Peach Busi
Read moreYoung's former CEO replaces Nick Bryan as chairman
25th Jan 2017 17:18
(ShareCast News) - Young & Co.'s Brewery on Wednesday announced that its non-executive chairman Nick Bryan will stand down at the end of the current fiscal year on 3 April. Bryan, who has been in the role for six years, will be replaced by the British pub operator's former chief executive Stephen Go
Read moreRestaurants and pubs enjoy strong festive trading, Coffer Peach finds
19th Jan 2017 06:45
(ShareCast News) - UK pubs and restaurants enjoyed an equal uplift in trading over the Christmas and New Year period, as a bumper six weeks for London drove a second consecutive month's improvement. Data on the largest managed pub and restaurant groups over the six weeks to January 8 found a collect
Read morePubs and restaurants bounce led by London, Coffer Peach survey finds
15th Dec 2016 09:48
(ShareCast News) - London led a rebound for the eating and drinking out sector in November, with good growth in pub sales and a return to annual growth for restaurants, but it was a case of glass-half-full outside the capital. The Coffer Peach Business Tracker found November like-for-likes sales gre
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