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  • Young’s: Pub giant raises dividend as earnings jump

    hospitality

    Pub and bar operator Young & Co’s has reported a significant jump its earnings despite surging costs. The hospitality firm, which has 277 pubs across the UK, told markets that revenue rose 24.9 per cent from £388.8m to £485.8m in the 52 weeks ended March 31. The nearly 200-year-old pub business said adjusted operating profit [...]

    Young's has 277 pubs and bars
  • Shepherd Neame: Britain’s oldest brewer ups dividend on ‘positive and encouraging’ results

    Business

    Britain’s oldest brewer Shepherd Neame have reported record revenue for the full financial year despite ongoing cost headwinds. The Faversham-based brand, which owns and operates 291 pubs across the southeast, told markets this morning that revenue for the 53 weeks to 29 June grew by 3.6 per cent to a record £172.3m, from £166.3m in [...]

    Shepherd Neame announced a 3.5 per cent increase in its full-year dividend, to 20.7p from 20p.

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