Young & Co’S Brewery (GB:YNGA) has released an update.
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Young & Co.’s Brewery reported a strong financial performance for the first half of 2024, with revenue rising by 27.2% to £250 million, driven by the successful integration of the City Pub Group. Despite challenges like increased living wage costs and unfavorable weather, the company maintained a high operating margin of 15.2% and increased its interim dividend by 6%. The acquisition has already yielded significant synergies, enhancing operational efficiency and positioning the company for future growth.
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