Edmund Salvesen
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'Pubs are struggling at the moment'

Pubs groups Mitchells & Butlers and Enterprise Inns have reported results.

M&B, which runs around 1,600 restaurants and pubs across the UK has reported full-year pretax profits down 7.7%. However, its sales are up.

Enterprise Inns has reported profit before tax and exceptional items of £157m - down from £175m in 2010.

Despite this, Edmund Salvesen from Brewin Dolphin Securities says "the pub industry is struggling at the moment".

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