7th Apr 2015 07:00
For immediate release
7 April 2015
Enterprise Inns plc
Interim results and update on strategy review
Enterprise Inns plc ('Enterprise' or 'the Company') will be reporting interim results on 12 May 2015. Alongside the presentation of results, the Company will also be updating the market on its strategy for maximising long term value from its estate. This strategy update will illustrate the actions management has been taking to create a more flexible business model with which to grow value for shareholders. Whilst retaining the tenanted pub model at the heart of its business, the update will outline the progress Enterprise is making to build complementary managed and commercial property estates.
The review follows a detailed assessment by the Board over several months to ensure that the Company is best placed to adapt to the structural changes likely to affect the industry as a result of the forthcoming Statutory Code and the anticipated introduction of a "Market Rent Only" option.
A presentation for analysts on the results and the strategic review will take place on 12 May 2015 at 9.30am at Deutsche Bank, Winchester House, 1 Great Winchester Street, London, EC2N 2DB. A dial in facility will also be available. The results announcement will be available on the Company's website from 7.00am.
Enquiries:
Tulchan Communications, Peter Hewer/Jonathan Sibun 0207 353 4200
Simon Townsend, Chief Executive Officer 0121 733 7700
Neil Smith, Chief Financial Officer 0121 733 7700
Emma Greves, Investor Relations Manager 07990 550210
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EI Group