Young's Brewery has reported a 4.8% increase in half-year pre-tax profit to 30 September of £5.8m on sales up 10.6% at £69.1m.

Following the merger of its brewing and wholesaling activities with Charles Wells in May this year, from 1 October net profit in its brewing company had increased by £2.5m due to improved beer supply terms and other cost savings, it said.

“We look forward to the future with considerable confidence,” said Stephen Goodyear, chief executive of Young's.