All Young’s articles
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News
Young’s appoints Ian Dyson as NED
Currently chair of the board at Curry’s, Dyson’s experience also includes roles at Punch Taverns, Marks & Spencer, and Intercontinental Hotels
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Analysis & Insight
Leading pub groups growing ahead of overall market
The top 10 pub groups by turnover are forecast to grow by 6.2% year-on-year – ahead of total pub market growth of 1.7%, Lumina Intelligence has forecast, with Loungers, Mitchells & Butlers and Wetherspoons leading growth
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News
Young’s sales up 26%
Outgoing chairman Stephen Goodyear, who addresses Youngs’ AGM for for the final time today, says the premium pub company’s strategy is delivering “industry leading results”
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Interviews
Young’s: ‘The £10 pint remains far off for us’
CEO Simon Dodd speaks to MCA about how caution around pricing has helped drive returns, alongside a long-term strategy of investing in pubs, the offer, and people
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News
Young’s delivers industry-leading profitability
The pub operator has reported a revenue increase of 7.4% to £388.8m, while like-for-like revenue grew by 3.4% in the last financial year
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News
City Pub Group sees 20% uplift in like-for-likes
The group, which was acquired by Young’s in a deal completed earlier this year, reported total group revenue of £74.5m in 2023 and a ’fantastic’ sales performance over the festive period
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News
Young’s completes acquisition of City Pub Group
The deal will significantly strengthen Young’s’ presence in London and in new geographies, while bringing together two ‘complementary, culturally, strategically aligned’ businesses
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News
Ian McHoul steps down from Young’s
McHoul will step down as non-executive director when his second three-year term expires on 23 January, with Aisling Meany taking over as chair of the audit committee
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News
Shareholders approve City Pubs takeover
Shareholders voted in favour of the Young’s deal by 99.69%, which values City Pub Group at £162m
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News
Young’s Christmas like-for-likes up 7.2%
The premium pub group recorded several of its best ever trading weeks, with some of the highest daily sales in Young’s history
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Interviews
Young’s: ‘Sales, profit, and dividends are all ahead of pre-pandemic’
Continued trends towards premiumisation, growth in the accommodation business, and investment in the estate have ensured the business is in good shape, CEO Simon Dodd tells MCA
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Analysis & Insight
Acquisition of City Pub Group an ‘inspired move’ from Youngs
Young’s proposed £162m takeover of the Clive Watson-founded City Pub Group demonstrate its ambition to branch out of its roots as a purely regional pub company, while showing premium pub assets can still command a premium price, industry sources tell MCA
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News
Drinks and accommodation drive growth at Young’s
The pub company reported interim results with revenue of £196.5m and room revenue termed the “standout performance” during the period
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News
Young’s makes bid to acquire City Pubs, valuing it at £162m
According to Young’s, it has closely followed the City Pubs estate for some time and holds the premium, well-invested, and wet-led approach in high regard, presenting an attractive opportunity for Young’s to drive future growth
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, including Young’s Pubs, Lucky Voice, Nando’s, Dishoom and more
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News
Young’s acquires three Marston’s pubs
The Libertine in Bournemouth, White Hart in North Chippenham and White Lion in Tenterden are from Marston’s premium Revere division
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News
Young’s continues strong summer trading
The pub operator has released a statement ahead of its AGM today, with revenue in the first 13 weeks of 2023 up 6.8% on a like-for-like basis vs 2022
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News
Goodyear to step down from Young’s
The non-executive chairman will step down after the pub company’s AGM in July 2024, and will be suceeded by corporate lawyer Steve Cooke, currently of Slaughter and May
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Analysis & Insight
Young’s has strongest balance sheet in freehold pub sector
Excluding leases, net debt/EBITDA is 1.1x at the pub operator and brewer, according to a note from analyst Peel Hunt
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Interviews
Young’s: ‘We are optimistic for the year ahead’
Young’s saw like-for-like sales up 10% last week, with all regions except the West Country up on pre-pandemic levels and central London now its best performing region, CEO Simon Dodd tells MCA