Trading Statement

RNS Number : 6335V

Young & Co's Brewery PLC

14 July 2009

 



14 July 2009

Young & Co.'s Brewery, P.L.C. 

AGM Trading Statement 

At today's AGM, Christopher Sandland, Chairman of Young & Co.'s Brewery, P.L.C. made the following comments about trading:

'I am pleased to report that we have made a solid start to the year with trading in line with expectations, notwithstanding continuing tough trading conditions. Managed house sales for the 15 weeks to 11 July were up 3.3% and up 0.1% on a like for like basis while maintaining our premium offering.

'Whilst we continue to be mindful of the broader economic outlook, we are encouraged by the resilience of the business to continuing difficult economic conditions. We have the resources to take advantage of opportunities to acquire additional pubs that meet our requirements and we have confidence that our strategy and our brand provide the best possible platform for further growth when conditions improve. '

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Enquiries:

Young & Co.'s Brewery, P.L.C.
Christopher Sandland, Chairman Stephen Goodyear, Chief Executive	020 8875 7000
Hogarth Partnership
James Longfield / John Olsen / Anna Keeble	020 7357 9477

 

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