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...a crucial juncture for the company, after efforts to refresh its brands helped it return to growth for the first time in two years in November, raising the prospect of an upturn in its fortunes Nicola Mallard...
...Ms Mallard said the outlook for the second half of the year continues to be clouded by concerns such as currency volatility. The outlook for 2H in Nigeria remains uncertain....
...The designer of Mallard, the fastest steam locomotive ever built, Sir Nigel actually disliked London and for much of his career with the London and North Eastern Railway commuted from the home counties....
...It did well from coal mining and locomotives – Mallard and the Flying Scotsman were built there. After coal’s decline, distribution warehouses arrived, since Donny is well connected by road and rail....
...Allowing the company to grow so that a bigger operation could later pay off money owed to pensioners would be the best option, Ms Mallard said....
...However, last Friday Venture trimmed its production forecasts by up to 10 per cent, partly because of delays at a project in the Mallard field in the North Sea....
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