Young & Co.'s Brewery (YNGA) Trading update summary

Trading performance

• Like-for-like sales rose 11.2% over the three weeks to 5 January, with key festive days up 12.3%.

• The former City Pub estate saw 26% growth over Christmas and Boxing Day.

• Total managed revenue for the 14 weeks to 5 January increased 5.6%, with like-for-like up 5.7%.

• Year-to-date managed revenue like-for-like growth stands at 5.4%.

• Record daily and weekly sales were achieved during the festive period.

Strategic update and market move

• Intends to move from AIM to the Main Market of the London Stock Exchange in Q2 2026.

• Board believes Main Market admission will enhance corporate profile and broaden investor base.

• Admission is subject to FCA and LSE approval, not requiring shareholder approval.

• Shares will no longer be traded on AIM after Main Market admission.

• Further updates on the timeline and process will be provided.

Business strategy and outlook

• Focus remains on premium, differentiated pubs and disciplined capital allocation.

• Aims to deliver industry-leading margins and maintain healthy cash generation.

• Plans to continue investing in growth and returning surplus capital to shareholders.

• Confident in resilience and growth potential despite sector headwinds.

• Move to Main Market seen as a natural next step to support further growth.