AGM Trading Statement

RNS Number : 8441I

Young & Co's Brewery PLC

09 July 2013

 



9 July 2013

Young & Co's Brewery, P.L.C.

AGM Trading Statement

At today's Annual General Meeting, Nick Bryan, Chairman of Young & Co.'s Brewery, P.L.C. will make the following comments:

"We have made a strong start to the current financial year with trading in line with our expectations. Managed house sales for the first thirteen weeks are up 10.7% in total compared with the equivalent period last year, and up 6.8% on a like-for-like basis.

"I am also pleased to report that within the last fortnight we have acquired three further freehold pubs within our London heartland.

"Our well located and invested estate together with our premium positioning as regards both product and service standards have enabled us to make strong progress against last year. Although remaining realistic about the economic outlook and consumer confidence, our recent performance demonstrates our ability to meet challenges that emerge and we are confident about our future prospects."

Ends

For further information, please contact:

Young & Co.'s Brewery, P.L.C.                                                           020 8875 7000

Stephen Goodyear, Chief Executive

Peter Whitehead, Finance Director

MHP Communications                                                                          020 3128 8100

John Olsen / James White / Nick Hayns

 

END

 

 

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