Enterprise Inns Says Implementation Of Strategic Plan On Track - Quick Facts

(RTTNews) - Enterprise Inns Plc. (ETI.L) said its like-for-like net income in the leased and tenanted estate grew by 1.6 percent for the 19 weeks to 6 February 2016.

Issuing its trading update for the period, the company noted that the result reflects stabilising rental income, growing income from beer sales and was also driven by the provision of operational support and commercial benefits to its publicans.

In addition, the company said that the execution of its strategic plan for the business, announced on 12 May 2015, is on track. The trading performance and expansion of the company's managed house operations is progressing in line with its plans and the company expects to have in excess of 100 managed houses operational by 30 September 2016.