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Evening Standard
Evening Standard
Business
Mark Banham

SHOCKING: Young s cheers first quarter revenues top up | Mind Blowing Facts

Young’s is pouring revenue back into the business in the first quarter

(Picture: Young’s )

Young’s Brewery has bounced back from pandemic lockdowns posting a revenue hike of 39.7% in the first quarter of the year its chairman Stephen Goodyear will tell shareholders at the company’s annual general meeting (AGM) today, but will warn the cost of living crunch could wet sales in the coming months.

He will also reveal in an updated trading statement that the Wandsworth-based brewer, which  operates more than 200 pubs with several in the capital,  has topped up year-on-year revenues during the quarter by 34.9%. The first quarter predictions include the 13 weeks following the company’s financial finals on 28 March.

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