The UK’s big freeze has cost Enterprise Inns around £2m in lost profit, the pub giant said today. In an interim management statement covering the 16 weeks to 15 January, Enterprise said November/December’s adverse weather had caused difficulties for many of its licences. Enterprise said: “Whilst the distribution network performed well, the dangerous conditions caused by the extreme cold and snow kept many customers at home at a time when pubs across the industry would expect trade to be at its peak. “It is therefore a tribute to the resilience of our licensees and the determination of their customers that we estimate the impact of these extreme conditions on our first quarter operating profit to be no more than £2m.” Setting aside the effect of the weather, the pub company estimated that average net income per pub was down by around 1% during the period, although it expects this to improve in the coming year. Enterprise sold 105 pubs during the period, generating net proceeds of £32m, representing a profit of £4m over book value. It also completed a sale-and-leaseback of 58 pubs to ETI. In the full year it expects to dispose of 400-500 pubs, generating total net proceeds in excess of £125m. It added that it was encouraged the coalition government “recognises the economic and social contribution that responsibly run, thriving pubs at the heart of communities can make to the Big Society” and looks forward to measures to promote this objective.