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UK's Young & Co's Brewery interim revenue rises 10.4%

By Reuters News


Overview

  • UK pub operator's interim revenue rose 10.4% yr/yr on strong summer trading and events

  • Adjusted basic EPS for the half rose 35.7% yr/yr, reflecting profit growth and share buybacks

  • Company launched new share buyback programme of up to £10 mln in July 2026


Outlook

  • Company expects full-year performance to be in line with recently upgraded market expectations

  • Recent trading remains strong and in line with expectations, with total sales up 10% in last six weeks

  • Company says macroeconomic environment remains unpredictable and is monitoring trading conditions closely


Result Drivers

  • SUMMER WEATHER & SPORTING EVENTS - Co said strong summer weather and major sporting events, including the FIFA World Cup and Wimbledon, boosted sales across its estate

  • CUBITT HOUSE ACQUISITION - Integration of nine Cubitt House pubs contributed immediately to group performance

  • DRINKS & COCKTAIL SALES - Strong growth in drink sales, especially lager and cocktails, driven by targeted marketing and event activations


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

Beat

GBP 291.10 mln

GBP 275 mln (1 Analyst)

H1 Adjusted Operating Profit

Beat

GBP 46.70 mln

GBP 42 mln (1 Analyst)


Analyst Coverage

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the restaurants & bars peer group is "buy."

  • Wall Street's median 12-month price target for Young & Co's Brewery PLC is GBp1,400.00, about 23.5% above its November 11 closing price of GBp1,134.00

  • The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago


Reuters Recommended Reads

  • Nov 11 - UK's Fuller Smith & Turner H1 revenue rises on football events

  • Nov 11 - UK pubs operator Daniel Thwaites' H1 revenue rises on good weather and football World Cup

  • Nov 11 - Denmark's Royal Unibrew Q3 revenue, operating profit slightly beat estimates


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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