Young’s boss ‘delighted’ with ‘exceptional set of results’

London expansion: Young’s Dodd reveals the group is looking to expand in the capital
Record results: Young's reported strong performance in its recent trading update (Young's)

London-based pub company Young’s has reported record performance in its latest trading update.

Total revenue for the 52 weeks ended 30 March 2026 was up 4.6% to £508.2m - meaning the business passed the £500m revenue mark for the first time, while adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) rose 1.4% to £115.2m with managed house EBITDA up 4% to £143.9m.

Moreover total revenue for the past five weeks was up 7.9% - a 3.4% increase on a like-for-like basis, against a strong previous year, the business said.

Young’s chief executive Simon Dodd outlined how the business capitalised on the warmer weather.

He said: “I am delighted to announce another exceptional set of results, reflecting a record-breaking 12 months for the business.

“We achieved a significant milestone, surpassing half a billion pounds in revenue, with multiple pubs across the estate delivering record performances throughout the year.”

Innovative partnerships

“When the sun shone, we capitalised on investments we have made in our beautiful outdoor spaces, driving footfall through innovative partnerships particularly around events like Wimbledon,” Dodd added.

“Premiumisation in drinks continued, we doubled down on our seasonal and locally-sourced food strategy and elevated our rooms offer.”

Last year’s festive period saw several company records broken, the report said, including the best week ever at the Guinea Grill in Mayfair, which beat the group record set by the Dog & Fox during Wimbledon earlier in the year.

The Young’s boss said: “We kicked off Christmas early to maximise sales through the period, delivering double digit like-for-like growth on key days.”

The business invested £36.1m into the existing estate in the period including various significant cash injections in a number of pubs.

Strategy resilience

Dodd added: “We also invested in our estate with major schemes at the Stag in Belsize Park and iconic music venue the Half Moon in Putney.

“This was all achieved against a backdrop of continued challenges in our sector, once again demonstrating the resilience of our strategy and the consistent appeal of an extraordinary offer delivered by exceptional people.

“We are optimistic about the future and are off to a strong start in the new financial year.

“We kicked off the year with our acquisition of Cubitt House London Pubs and entered a new era on the main market of the London Stock Exchange.”

The Cubitt House acquisition, which comprised eight leasehold pubs and pubs with rooms in west London with a further ninth in development completed on 22 April.

The pub group boss highlighted how the business had positive momentum, was investing well with its acquisition strategy on track.

“We cannot control the macroeconomic picture but everything within our control, including our premium, well-invested portfolio of pubs and our people puts us in a strong position,” he added.