Business
Correction: Half-year Report
Correction: Half-year Report.
About this update from Young & Co.'s Brewery, P.l.c. Class A
[{"type":"text","content":"\n \n \n \n RNS Number : 3009F\n Young & Co's Brewery PLC\n 13 November 2020\n \n \n \n \n \n \n \n \n \n \n \n \n \n Young & Co.'s Brewery, P.L.C.\n \n \n (the \"Company\")\n \n \n \n \n \n Correction Announcement\n \n \n \n \n \n \n \n \n \n \n Shareholders are referred to the Company's Interim Results announcement released yesterday morning at 7.00am. The announcement erroneously reported, in note 6, the Company's basic weighted average number of ordinary shares in issue as 58,460,695; the figure should have been 53,774,655. As a result:\n \n \n \n \n \n ●\n the Company's \n adjusted \n basic loss per share for the 26 weeks ended 28 September 2020 should have been stated as being -31.06p (rather than -28.57p); and\n \n \n \n \n \n ●\n the Company's \n basic loss per share for the 26 weeks ended 28 September 2020 should have been stated as being -35.70p (rather than -32.84p).\n \n \n \n \n \n Subject to these corrections being made throughout the announcement, the remainder of the \n information contained in the announcement is correct and is disclosed again on the following pages. The same corrections apply in respect of the Company's Interim Report, which has been updated and remains available \n on the Company's website (\n \n https://www.youngs.co.uk/youngs/uploads/sites/2/2020/11/2020-interim-report.pdf\n \n ).\n \n \n \n \n \n Anthony Schroeder\n \n \n Company Secretary\n \n \n Friday, 13 November 2020\n \n \n Tel: 020 8875 7000\n \n \n YOUNG & CO.'S BREWERY, P.L.C. INTERIM RESULTS FOR THE 26 WEEKS ENDED 28 SEPTEMBER 2020 20202019 £m£m Revenue55.1168.2 Adjusted EBITDA12.947.2 Adjusted operating (loss)/profit1(14.3)30.9 Adjusted (loss)/profit before tax1(19.2)26.6 Net debt203.8227.2 Net debt to EBITDA25.8x2.7x Operating (loss)/profit(16.9)28.6 (Loss)/profit before tax(21.8)24.3 Adjusted basic (loss)/earnings per share1(31.06)p42.85p Basic (loss)/earnings per share(35.70)p38.16p Interim dividend per share-10.57pAll of the results above are from continuing oper...