Young's reports solid end to financial year

(Sharecast News) - Young's Brewery reported strong trading for the year ended 31 March on Wednesday, with total managed revenue up 25.4% and like-for-like sales rising 5.7%, driven by continued investment in its premium pub and accommodation estate across London and the south of England.

The AIM-traded pub operator said performance accelerated into the final quarter, with like-for-like sales up 7.7% and total managed revenue increasing 16.2% in the 13 weeks ended 31 March.

It said full-year trading was in line with expectations, reflecting sustained momentum despite broader challenges in the hospitality sector.

The company credited its strategy and ongoing capital investment for the robust results and said early trading in the new financial year was encouraging.

While it remained alert to sector-wide headwinds, Young's said it was confident in its outlook for the 2026 financial year, underpinned by its focus on premium operations and a well-invested estate.

"We achieved a huge amount during the past financial year, and I am extremely pleased with this performance," said chief executive officer Simon Dodd.

"We delivered it against a challenging backdrop, which was characterised by unpredictable British weather and prolonged economic uncertainty driven by political turbulence through the year."

Dodd said the company's performance demonstrated the "strength and resilience" of its premium estate, coupled with the work of its teams.

"Together, these factors have enabled our business to continue to thrive and we remain confident in our ability to deliver profitable growth."

At 1132 BST, shares in Young & Co.'s Brewery were up 0.95% at 867.14p.

Reporting by Josh White for Sharecast.com.