Young & Co.'s Brewery (AIM:YNGA), the premium pub and bedrooms operator, posted total revenue growth of 9.4% and like-for-like growth of 5.5% for the 14 weeks to 6 July, against what the company described as a strong prior-year comparator.
The performance was lifted by the late May bank holiday weekend, the FIFA World Cup including extended opening hours for England matches, and the early weeks of Wimbledon, with pubs holding gardens and riverside locations cited as standout performers.
The recently acquired Cubitt House estate contributed to the period and is described as integrating as planned.
"Our premium, well-invested and differentiated pubs and bedrooms continue to deliver," said chief executive Simon Dodd, noting that favourable weather, England's World Cup progress, and the expanded estate all supported the result.
Young's said it remains confident in the outlook for the full year despite acknowledging the challenges facing the sector, and said it continues to invest selectively across its estate.
The statement was issued ahead of the company's Annual General Meeting, held today in Wandsworth.
