All Enterprise Inns articles – Page 4
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Analysis & InsightETI: 20-year leases; Beacon conversions; branded pubs
Enterprise Inns chief executive Simon Townsend has told M&C Report the company is not completely dispensing with 20-year tied leases and has also left the door open to join Punch Taverns in legal action against the Government if the pubs code becomes more “problematic”.
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NewsClevely: ETI partnership ‘will have element of branding’
Geronimo Inns founder Rupert Clevely has told M&C Report the managed operation he will run in partnership with Enterprise Inns will “have an element of branding”.
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Analysis & InsightETI: The moment Townsend stepped out of Tuppen’s shadow?
Does Enterprise Inns’ radical overhaul of its entire structure mark the end of the Ted Tuppen era and mark a new company under Simon Townsend? Will the clash between a behemoth of the tenanted and leased world and the managed operators it wishes to partner with cause sparks? M&C Report spoke to leading figures across the pub sector about their reaction to the plans
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Analysts corner: ETI overhaul “inevitable”
Analysts have welcomed Enterprise’s announcement as “sensible, inevitable and well-planned” and said a similar move must now be expected from Punch Taverns.
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Jack: ETI response to pubs code exceeds expectations
Leading analysts Douglas Jack, of Numis, has said Enterprise Inns’ response to the pubs code has exceeded expectations.
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NewsETI: 850 managed pubs and 1,000 property assets by 2020
Enterprise Inns has announced that by 2020 it expects to have a managed estate of 750-850 pubs and a commercial property business with around 900-1,000 assets.
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Jack: ETI to reveal transformational strategic review
Leading analysts Douglas Jack, of Numis, has said he expects a ‘transformational strategic review’ when Enterprise Inns reveals its H1 results next week.
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Rollo: Expect flat H1 lfls at ETI
Leading analyst Jamie Rollo at Morgan Stanley says he expects Enterprise Inns to report flat H1 LfLs and EBITDA of £144m (-2%)
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Collyer: ETI will emerge stronger from Pubs Code
Geof Collyer, of Deutsche Bank, has predicted Enterprise Inns will emerge from the aftermath of the Pubs Code as a “much more vigorous property manager” with more control over its business and achieving a greater proportion of income from fixed rent.
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NewsETI announces details of managed strategy
Enterprise Inns has said it will reveal details of its strategy to grow its managed and commercial property estates in response to the demands of the pubs code.
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ETI appoints former Prudential FD to board
Enterprise Inns has appointed former finance director at the Prudential Group Marisa Cassoni as a non-executive director.
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ETI puts drink prices up 2.9%
Enterprise Inns has increased its drinks prices by an average of 2.9% from this week.
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Analyst corner: Enterprise Inns
Leading analysts Mark Brumby at Langton Capital, Geof Collyer at Deutsche Bank and Douglas Jack at Numis, take a look at this morning’s update from Enterprise Inns.
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NewsETI: 0.3% lfl growth in Q1 and capital investment review
Enterprise Inns has reported like-for-like net income growth of 0.3% for the 18 weeks to 31 January and confirmed it is reviewing its capital investment plans because of uncertainty over the pubs code.
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Jack: Expect positive lfls from ETI
Leading analysts Douglas Jack, of Numis, has said he expects Enterprise Inns to report positive like-for-like income when its releases its AGM statement on 5 February.
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Polaris secures Enterprise, Phoenix and Bulldog contracts
Hospitality technology provider Polaris has secured contracts worth more than £200k with Enterprise Inns, Phoenix Pub Group and Bulldog Hotel Group
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NewsAnalyst corner: Rollo on Enterprise Inns
Leading analyst Jamie Rollo at Morgan Stanley is forecasting like-for-like net income growth of 0.5% when Enterprise Inns gives its Q1 update next month
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NewsETI: Managed estate to aid L&T estate development
Enterprise Inns has revealed its primary motivation for developing a managed pub estate - to better understand how to run pubs
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NewsRollo downgrades ETI on back of MRO uncertainty
Leading analyst Jamie Rollo at Morgan Stanley has downgraded his Enterprise Inns rating from Overweight to Equal-weight
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NewsEnterprise revamps website
Enterprise Inns has revamped its website in a bid to boost recruitment among potential publicans.