Young & Co’S Brewery (GB:YNGA) has released an update.
Young & Co’s Brewery PLC showcased a strong financial performance for the 52-week period ending April 1, 2024, with total revenue increasing by 7.4% to £388.8 million and a notable adjusted profit before tax rise of 9.3% to £49.4 million. The company’s strategic acquisition of The City Pub Group has been successfully integrated, contributing to the overall growth and demonstrating the strength of Young’s proven strategy amidst market challenges. Investment continued with £84.5 million spent on the estate, including acquisitions and enhancements, and a recommended year-end dividend increase of 6%, signaling a confident outlook for the future.
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