Financial Times FT.com

Enterprise Inns drops on fears over rent and beer sales

By Bryce Elder

Published: August 13 2009 03:00 | Last updated: August 13 2009 03:00

The FTSE 100 rallied for the first time in three days yesterday, but Enterprise Inns came under pressure amid trading and financing concerns.

Britain's biggest pubs group lost 3.2 per cent to 157p after rent data led Goldman Sachs to add the stock to its "sell" list. "In light of declining rents and still declining beer sales, we expect the full-year results and outlook to disappoint," said the broker.

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