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6 months ago
BRIEF-Enterprise Inns say on track to deliver FY expectations; changes name to Ei Group Plc
February 9, 2017 / 7:21 AM / 6 months ago

BRIEF-Enterprise Inns say on track to deliver FY expectations; changes name to Ei Group Plc

Feb 9 (Reuters) - Enterprise Inns Plc:

* Says reporting like-for-like net income growth of 1.6% in 18 weeks to 4 february 2017

* Company is changing its name today from Enterprise Inns Plc to Ei Group Plc

* Says trading performance and expansion of our managed house businesses is progressing in line with our expectations

* Says continue to expect to have in region of 250 managed houses operational by 30 september 2017

* We are on track to deliver our expectations for full financial year.

* Expect to be operating in region of 400 commercial properties by financial year end

* Of these, 181 traded throughout this reporting period and prior period, delivering like-for-like net income growth of 2.1%. Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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