Young's reports revenue increase of more than 25%

Pub group Young’s recorded a 25.4% increase in revenue in the year to 31 March 2025.

The group, which includes venues trading under the Young’s and City Pubs brands, also saw like-for-like sales increase by 5.7% across the year.

It added that sales increases had accelerated in the 13 weeks to 31 March 2025, when like-for-like growth reached 7.7%.   

Simon Dodd, CEO of Young’s, said: "We achieved a huge amount during the past financial year, and I am extremely pleased with this performance. We delivered it against a challenging backdrop, which was characterised by unpredictable British weather and prolonged economic uncertainty driven by political turbulence through the year.

"Our performance demonstrates the strength and resilience of our premium estate, coupled with the work of our phenomenal teams. Together, these factors have enabled our business to continue to thrive and we remain confident in our ability to deliver profitable growth."

Dodd added that trading for the year was in line with expectations.

Today’s update comes after Young’s reported “exceptionally” strong trading over Christmas and New Year, with total managed revenue during the five-week festive period up 30.4%.

Young’s had attributed its recent success to the acquisition of the Cambridge-based City Pub Group finalised in March 2024, which has brought roughly 50 more pubs into its estate, as well as continued investment into its portfolio.

Dodd also told The Caterer last year that since the pandemic, he has sought to strip the company back to its 193-year-old pub DNA so that 95% of the portfolio comprises traditional pubs where the drink percentage sits at 65% and food at 35%.