Enterprise Inns plc Reports Interim Management Statements Results for the Forty Four Weeks Ended August 2, 2014; Provides Earnings Guidance for the Full Year of 2014
The company provides earnings guidance for the full year of 2014. The company expects to meet full year guidance of net proceeds from asset disposals of £70 million which will be used to fund capital investment programme. Strong cash generation from operating activities will continue to be used to reduce debts and anticipated total net debt will be reduced to £2.4 billion.