'Tough' times for Enterprise
PUB operator Enterprise Inns said today that it is continuing to face a "tough" trading environment in the aftermath of the smoking ban and low consumer confidence.
The company said that pre-tax profit before exceptional items reduced by 11 per cent to £132 million in the six months to the end of March.
Ted Tuppen, chief executive of Enterprise, which sold off its Scottish pub portfolio in 2006, said: "Consumer leisure spend is likely to remain under pressure for some time."
The full article contains 86 words and appears in Edinburgh Evening News newspaper.
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Last Updated:
13 May 2008 10:00 AM
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Source:
Edinburgh Evening News
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Location:
Edinburgh