Last year the future didn’t exactly look bright for Enterprise Inns. With the economy still struggling trade did not look as if it would be picking up over the coming months. In fact, profits dropped by £20m from 2011 to 2012. Shares were also at their lowest for a decade at the beginning of 2012. However, trading did start to stabilise somewhat as the company decided to sell over some of its lower value pubs strengthening the balance sheet and boosting their shares. By the end of the year the share price reached an 18 month high ending the year at 102.6p.