Stats Group shrugs off Covid hurdles

  • Date: 29-May-2021
  • Source: Energy Voice
  • Sector:Healthcare
  • Country:Gulf
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Stats Group shrugs off Covid hurdles

North-east pipeline technology specialist Stats (UK) has shaken off Covid challenges to rake in higher earnings.

Pre-tax profits raced ahead to more than £1 million in the calendar year 2020, from around £183,000 in the previous 12 months, while turnover surged nearly 9% to £42.5m.

Stats, which runs operations globally from headquarters in Kintore, Aberdeenshire, also highlighted a strong Ebitda (earnings before interest, taxes, depreciation and amortisation) performance.