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Pipeline firm Stats shrugs off the pandemic with bigger profits

© Supplied by Stats Group Sign up for our daily newsletter featuring the top stories from The Press and Journal. Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up 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 by 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.

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