Young & Co.'s Brewery plc reported unaudited group earnings results for half year ended October 1, 2012. For the half year, the company reported revenue from continuing operations of £100,189,000 compared to revenue from continuing operations of £90,468,000 for the same period a year ago. Operating profit before exceptional items was £16,289,000 compared to £15,006,000 last year. Operating profit was £16,445,000 compared to operating loss of £13,545,000 last year. Profit before tax was £14,010,000 compared to loss before tax of £16,097,000 last year. Profit from continuing operations was £11,603,000 or 24.04 pence per diluted share compared to loss from continuing operations of £14,527,000 or 30.09 pence per basic and diluted share last year. Profit attributable to the shareholders of the parent was £11,601,000 or 24.04 pence per diluted share compared to loss attributable to the shareholders of the parent of £15,629,000 or 32.41 pence per basic and diluted share last year. Net cash flow from operating activities was £14,243,000 compared to £13,116,000 last year. Purchases of property and equipment were £9,457,000 compared to £12,200,000 last year. Net cash generated from operations was £16,282,000 compared to £14,671,000 last year. Adjusted operating profit was £16,289,000 compared to £15,006,000 last year. Adjusted profit before tax was £13,854,000 compared to £12,454,000 last year. Operating profit adjusted for exceptional items increased by 8.5%, driven by strong like for like sales in its managed estate and returns from last year's investments. Adjusted earnings after tax was £10,671,000 or 22.11 pence per diluted share compared to £9,031,000 or 18.73 pence per basic and diluted share last year. Net debt was reduced by £1.0 million to £117.1 million, a ratio of 3.0 times EBITDA, despite continued investment in its pub estates. Net assets per share, having taken account of deferred tax, are £6.78. Excluding deferred tax, this increases to £7.85. The board has decided to raise the interim dividend for the 16th consecutive year. A dividend of 7.02 pence per share, an increase of 5.1%, is expected to be paid on 14 December 2012 to shareholders on the register at the close of business on 30 November 2012.

Young & Co.'s Brewery plc, H1 2012 Earnings Call, Nov 22, 2012

Young & Co.'s Brewery plc announced that they will report Q4, 2013 results on May 23, 2013