LONDON--(BUSINESS WIRE)--\u00a0<\/b><\/p>
\nYOUNG & CO.'S BREWERY, P.L.C.<\/b><\/p>
\n(\"Young's\")<\/p>
\nAGM Update<\/b><\/p>
\nYoung's, the premium operator of pubs and bedrooms, issues the following trading statement for the 14 weeks from 31 March 2026 to 6 July 2026 in advance of the Annual General Meeting taking place today at 11.30am in the Civic Suite in Wandsworth Town Hall, Wandsworth High Street, London SW18 2PU.<\/p>
\nThe strong trading momentum highlighted in our full year results on 21 May 2026 has continued into the new financial year. Revenue for the first 14 weeks from 31 March 2026 increased by 9.4% in total and 5.5% on a like-for-like basis against a strong prior-year comparator.<\/p>
\nThis performance was supported by exceptional trading over the late May bank holiday weekend, particularly in pubs with gardens and our riverside locations. Trading also benefited from the start of the FIFA World Cup, including extended opening hours for later England matches, as well as the more recent boost from Wimbledon. The recently acquired Cubitt House estate also made an early contribution and is integrating as planned.<\/p>
\nOur ability to capitalise on these opportunities reflects the strength of our proven strategy: operating premium, individual, well-invested pubs and bedrooms, supported by the commitment and dedication of our outstanding teams.<\/p>
\nWe remain confident in the year ahead, despite the challenges facing the sector, and continue to invest selectively across our estate to ensure we remain well positioned for the future.<\/p>
\nSimon Dodd, CEO of Young\u2019s, commented:<\/b><\/p>
\n\u201cWe are very pleased with our strong start to the new financial year, and I would like to thank all our teams for their hard work and dedication in delivering this performance.<\/p>
\nOur premium, well-invested and differentiated pubs and bedrooms continue to deliver, with Young\u2019s pubs performing strongly in the first quarter. This was supported by favourable weather, a busy summer of sport, with England\u2019s success in the World Cup so far a welcome boost, and contributions from our expanded estate, as we integrate the Cubitt House pubs.<\/p>
\nWhile the backdrop remains challenging, we are well positioned and looking ahead to the rest of the year with confidence.\u201d<\/p>
\nFor further information, please contact: Young & Co.'s Brewery, P.L.C.<\/b><\/p>
\nSimon Dodd, Chief Executive Officer<\/p>
\nMike Owen, Chief Financial Officer<\/p>
\n020 8875 7000<\/p>
\nMHP Group<\/b><\/p>
\nTim Rowntree\/Eleni Menikou\/Charles Hirst<\/p>
\n+44 (0)7770 753 544<\/p>