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Steve Cooke, Hornby's chief executive, said: "Last year was difficult and disappointing as we faced significant challenges during the continued turnaround and improvement of the business.
"From the outset we faced significant challenges, a routine missing person inquiry very quickly transformed into a murder investigation that relied heavily on information from the public".
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As a large research institution with energy-intensive facilities in a cold climate, we face significant challenges to the elimination of our carbon footprint.
We recognize that we have come a long way in the last two and a half years, and also that we face significant challenges in keeping the city's finances on sound footing".
However, we face significant challenges with the continued use of oil, from concerns about carbon emissions contributing to climate change to ongoing depletion of finite oil reserves affecting the lifestyles of future generations.
This is not new for us – we have always faced significant challenges – but it is the reality we face.
Nevertheless, she has faced significant challenges as a director.
Developers of rental housing have faced significant challenges since the storm.
But executives at Goldman and Morgan Stanley made it clear that their banks, whatever their strengths, faced significant challenges.
In 2009, New York's grape and wine industry faced significant challenges.
The model faced significant challenges.
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