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UK: Young's sees sales up despite summer weather

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The UK regional brewer Young & Co.'s Brewery PLC has seen its first half pretax profits before exceptionals rise 5.3% to £5.1m. The growth was fuelled by a 5.5% rise in sales to £60.9m.
 
However, including exceptionals and the £0.4m cost of a site review, profits fell to £4.8m.

The company said that summer trading had been positive, in spite of the poor weather.

Total beer production in the first half was up by 18.8% at 85,173 barrels.

In a statement, chairman John Young said: "We are ... confident that our underlying performance continues to move in the right direction and that the actions we are taking to develop the business will deliver long term value for shareholders."


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