City Pub Group

  • Jun- 2025 -
    5 June
    Pubs and BarsYoung’s FY revenues jump 24.9% to £485.8m

    Young’s FY revenues jump 24.9% to £485.8m

    Young’s has reported that total revenues rose by 24.9% to £485.8m in the year ended 31 March, thanks to strong like-for-like revenue growth of 5.7% supported by the pub group’s performance during Euro24 and the Christmas trading period.  Adjusted EBITDA at Young’s also rose 23.2% to £113.6m, with managed house…

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  • Nov- 2024 -
    15 November
    News-In-BriefToday’s news in brief – 15/11/24

    Today’s news in brief – 15/11/24

    Young’s total revenues for H1 rose 27.2% to £250m, as like-for-like revenues rose 4.4% due to an “excellent” Euros turnout. Despite continued National Living Wage increases of almost 10%, utility costs and dual running costs from Young’s City Pub Group acquisition in the first quarter, adjusted operating profits rose by…

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  • 15 November
    Pubs and BarsYoung’s H1 revenues rise 27.2% to £250m

    Young’s H1 revenues rise 27.2% to £250m

    Young’s has reported that total revenues rose 27.2% to £250m for the 26-week period to 30 September, as like-for-like revenues rose 4.4% due to an “excellent” Euros turnout.  During the period, adjusted EBITDA also rose 23.2% to £59m and managed house EBITDA increased by 25.1% to £73.8m.  Despite continued National…

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  • Jun- 2024 -
    24 June
    Pubs and BarsYoung’s Pubs profits and revenues surge

    Young’s Pubs profits and revenues surge

    Young’s Pubs has revealed its profit-before-tax has increased 9.3% to £49.4m as its revenues increased 7.4% to £388.8m on a comparable 52-week basis and 3.4% on a like-for-like basis in 2023. The pub group’s adjusted EBITDA also increased 7.8% to £92.2m and its managed house adjusted EBITDA for the period…

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  • Mar- 2024 -
    7 March
    NewsToday’s news in brief – 07/03/24

    Today’s news in brief – 07/03/24

    Young’s Pubs has acquired City Pub Group for £162m. The deal has added 51 wet-led pubs to the group’s managed trading estate, taking its overall estate to 279. Young’s has also expanded into new markets including Norwich and Cambridge thanks to the deal. UKH Scotland urged the Scottish government to…

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  • 7 March
    Pubs and BarsYoung’s acquires City Pub Group for £162m

    Young’s acquires City Pub Group for £162m

    Young’s Pubs has announced the completion of its acquisition of City Pub Group for £162m. As a result Young’s now adds 51 wet led pubs to its managed trading estate, taking its overall estate to 279. The deal will also see Young’s expand into new markets including Norwich and Cambridge.…

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  • Jan- 2024 -
    18 January
    Pubs and BarsYoung’s reports 9.0% rise in revenues

    Young’s reports 9.0% rise in revenues

    Young’s and Co Brewery has reported a 9.0% increase in managed revenues and 7.2% increase in like-for-like sales for the five-week Christmas and New Year period ending 1 January 2024. Additionally, its total managed revenue rose 6.9% and 4.7% on a like-for-like basis for the 13 weeks ended 1 January…

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  • Nov- 2023 -
    16 November
    NewsYoung’s acquires City Pub Group for £162m

    Young’s acquires City Pub Group for £162m

    Young’s and Co has today (16 November) announced the acquisition of AIM- listed owner and operator of an estate of premium pubs and bedrooms, City Pub Company, for £162m. The company has said to have closely followed the City Pubs estate for some time and that the transaction represents a…

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  • Oct- 2023 -
    4 October
    NewsToday’s news in brief – 04/10/23

    Today’s news in brief – 04/10/23

    Tortilla revenues grew 22% to £32.7m during the 26 weeks ending 2 July, due to eased cost pressures and increased consumer confidence. However, Adjusted EBITDA decreased from £2.5m in H1 2022 to £1.8m due to the absence of government support received in the prior year. The group also integrated Chilango…

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  • 4 October
    NewsCity Pub Group acquires two pubs in London and Oxford

    City Pub Group acquires two pubs in London and Oxford

    The City Pub Group, the owner and operator of 52 premium pubs across Southern England and Wales, has recently announced the completion of the acquisition of two additional pubs in London’s Soho and in Oxford. The group has acquired a premium freehold investment which is currently operated as Simmons in…

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