Enterprise Inns, the tenanted and leased pub group, said that it expected full-year profits and earnings per share to be in line with expectations. In a trading update this morning, the company, which owns nearly 7,700 pubs, said it had continued to perform well during the year, with weighted average ebitda per pub increasing by more than 5% over the past year. The group said that the licensing reform had made a minimal impact on trade but had led to a reduction in alcohol disorder, where flexible trading hours had helped to foster a more relaxed atmosphere. The company also said it was pleased that the government was to take a more serious look at the pricing of alcohol in supermarkets and supported brewers who were seeking to work with supermarkets to encourage more responsible pricing. Enterprise said that with only 138 pubs in Scotland it had relatively little exposure to the impact of the smoking ban. It had noted a greater impact on the consumption in drinks orientated pubs, which in turn had an adverse impact on gaming machine income. The company said it was confident that its estate in England and Wales would be well placed to “minimise the risks and maximise the opportunities” thrown up by the ban. The group also reported that following the £318m sale of 769 pubs to Admiral Taverns it was increasing its share buy back programme. As at 25 September, it had purchased into treasury or for cancellation 41million shares at an average price of 926p leaving 301 million shares in issue.