Trading Statement

YOUNG & CO.'S BREWERY, P.L.C. (“Young’s”)

Trading Update

FULL YEAR PERFORMANCE TO BE AHEAD OF MARKET EXPECTATIONS

Young’s, the premium operator of pubs and bedrooms in London and the South of England, shares a trading update for the 26 weeks from 31 March to 28 September 2026, ahead of Interim Results on 12 November 2026.

Strong trading performance

Following our record-breaking performance last year, we have continued that momentum into the first half of this year. Total revenue for the 26-week period was up 10.4%, alongside an increase of 6.4% in like-for-like sales, with the last 13 weeks like-for-like sales up 7.9%, delivering growth against a strong prior-year comparator.

The first half benefited significantly from a standout summer of sunshine and sport. Strong trading over the May bank holidays continued as customers flocked to our pubs to enjoy the exceptionally warm weather. This was particularly evident in our pubs with gardens or riverside locations, where like-for-like sales increased by 7.5%. The excellent weather coincided with an exciting summer of sport, including the FIFA World Cup, where extended opening hours for England’s matches naturally boosted sales further across our estate.

Strategic progress continues

Young’s continues to deliver against our strategic priorities, maintaining a strict focus on operating premium, well-invested pubs that deliver sustainable, long-term performance.

The strategy of deploying our strong balance sheet to selectively expand our business, through the acquisition of high-quality pubs continues. We have now completed the integration of the Cubitt House London Pubs. Their exceptional teams and unique culture have contributed immediately to the strength of Young’s performance. We have also used our balance sheet to acquire our own shares at levels which deliver attractive returns for the Group.

During the period Young’s delivered an important corporate milestone, successfully moving from AIM to the Official List of the London Stock Exchange’s Main Market in April.

Outlook

Due to the strength of Young’s first half performance, trading for this financial year is now expected to be ahead of current market expectations.

Simon Dodd, CEO commented:

“Boosted by excellent trading across the summer months, supported by the record weather and exciting sporting events, Young’s has delivered another period of outstanding performance. Our relentless focus on quality meant that when the sun shone and the matches were aired, customers chose Young’s for our premium offer and the fantastic atmosphere created by our brilliant teams.

Cubitt House’s exceptional collection of pubs are now fully embedded into the Young’s family, and we continue to deliver against our strategic priorities.

Despite the well-publicised headwinds that face our sector, our premium estate continues to outperform, and we now look forward to delivering a full-year performance that exceeds previous expectations.”

For further information, please contact:

Young & Co.'s Brewery, P.L.C.				020 8875 7000
Simon Dodd, Chief Executive Officer
Mike Owen, Chief Financial Officer
Headland Consultancy				020 3805 4822
Will Carnwath
Joe Hughes
[e-mail]
Peel Hunt				020 7710 7600
George Sellar
Andrew Clark

View source version on businesswire.com: https://www.businesswire.com/news/home/20260929637280/en/