Young & Co.'s Brewery (AIM:YNGA) expects FY26 trading to be in line with management's expectations following what it describes as another strong performance.
The trading update, covering the 52 weeks ended 30 March, shows total managed house revenue up 4.6% and like‑for‑like sales up 4.7%, the company, a premium operator of pubs and bedrooms in London and the South of England, said.
Management said the performance has been achieved despite "considerable and well-publicised challenges facing the sector", and highlighted its strategy of operating a premium, well‑invested managed estate together with an extensive hedging programme as supporting resilience amid volatile energy costs and uncertain consumer spending.
"Our proven strategy of operating premium, well‑invested pubs continue to deliver strong resilient results," Simon Dodd, Chief Executive Officer, said.
Young's recently announced on 8 April an agreement to acquire Cubitt House London Pubs, eight pubs, three with bedrooms, a deal that is now being integrated as part of its selective expansion strategy.
