Young’s reports ‘strong start’ to financial year against ‘challenging’ backdrop

In the 14 weeks from 31 March to 6 July 2026, revenue was up 9.4% total and 5.5% on a like-for-like basis against the previous year.

The business said the performance was supported by ‘exceptional trading’ over the late May bank holiday weekend, particularly for sites with gardens and in riverside locations.

Sporting occasions including the start of the men’s football World Cup as well as Wimbledon also helped boost trade.

Company strategy

The recent acquisition of the Cubitt House estate has made an early contribution and is integrating as planned.

The deal was first announced in April and at the time Young’s, said the purchase aligned closely with its strategy to grow in the capital and operate well-invested pubs in prime locations.

The ability to capitalise on these opportunities reflects the strength of the company’s strategy of operating premium, individual, well0invested pubs and bedrooms, supporting by the commitment and dedication of its outstanding teams, the business said.

Furthermore, the update stated the business was confident in the year ahead, despite the challenges facing the sector and will continue to invest selectively across its estate to ensure it remains well positioned for the future.

Strong start

Young’s CEO Simon Dodd said: “We are very pleased with our strong start to the new financial year and I would like to thank all our teams for their hard work and dedication in delivering this performance.

“Our premium, well-invested and differentiated pubs and bedrooms continue to deliver, with Young’s pubs performing strongly in the first quarter.

“This was supported by favourable weather, a busy summer of sport, with England’s success in the World Cup so far, a welcome boost and contributions from our expanded estate, as we integrate Cubitt House pubs.

“While the backdrop remains challenging, we are well positioned and looking ahead to the rest of the year with confidence.”