Young & Co.'s Brewery (YNGA) Trading update summary

Trading performance

• Revenue for the first 14 weeks of the new financial year rose 9.4% in total and 5.5% on a like-for-like basis compared to a strong prior year.

• Exceptional trading was driven by the late May bank holiday, strong performance at pubs with gardens and riverside locations, and sporting events like the FIFA World Cup and Wimbledon.

• The recently acquired Cubitt House estate contributed positively and is integrating as planned.

Strategic outlook

• Continued investment across the estate aims to maintain a strong market position despite sector challenges.

• Confidence remains high for the year ahead, supported by a proven strategy of operating premium, well-invested pubs and bedrooms.

Management commentary

• Leadership credits team dedication and the differentiated, premium offering for the strong start to the year.

• Favourable weather and a busy summer of sport, especially England's World Cup performance, provided additional trading momentum.