Young’s

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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Young’s promotes Kara Alderin to interim COO

Young’s Pubs has announced the promotion of Kara Alderin to the role of interim chief operating officer. According to the pub group, since joining Young’s as director of operations in July 2020, Alderin has made an “incredible impact, leading the transformation of our pubs and bedrooms division”. She brings a…

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Various Eateries appoints new CEO

Various Eateries, the owner, developer and operator of restaurant, clubhouse and hotel sites, has announced the appointment of Mark Loughborough as chief executive officer, effective 20 January 2025. Loughborough brings over 30 years of experience in the hospitality industry, including most recently 14 years at Young & Co Brewery PLC,…

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Young’s and Co appoints new non-executive director

Young’s and Co Brewery has announced the appointment of Ian Dyson as non-executive director.  Dyson, who stepped into his new role on 2 September 2024, is currently chair of the board at Currys plc and a non-executive director of JD Sports Fashion.  He has a strong track record across consumer…

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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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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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Young’s Pubs to reopen The Constitution in Camden

The Constitution pub in Camden is set to reopen its doors in February 2024, following an extensive refurbishment. Located on St Pancras Way, the canal side pub has undergone a complete transformation, including the addition of a new rooftop terrace. The Constitution, acquired by Young’s & Co’s Brewery PLC in…

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Young’s acquires Tattenham Corner Pub from Whitbread

Tattenham Corner Pub in Epsom Downs, Surrey, has been acquired by Young’s and Co.’s Brewery from Whitbread. Formerly a Beefeater, the acquisition will be Young’s first site in the Epsom Down area, joining its collection of premium pubs in Surrey, including The Bear in Oxshott and Chequers at Walton on…

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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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Today’s news in brief – 15/11/23

Fuller’s reported a 12% increase in total revenues to £188.8m for H1 ending 30 September, with like-for-like sales up 12.7%. The group attributed the growth to an “excellent” customer experience. Food sales rose 15.5%, drink sales 10.9%, and accommodation sales 13.4%. Adjusted profit before tax increased 48% to £14.5m. For…

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