|operating         |               MEUR|               81.3|               74.7| 
|activities        |                   |                   |                   | 
|__________________|___________________|___________________|___________________| 
|Liquid funds as of|                   |                   |                   | 
|30 September 2020 |               MEUR|              322.0|              265.2| 
|/ 31 December 2019|                   |                   |                   | 
|__________________|___________________|___________________|___________________| 
|Net liquidity as  |                   |                   |                   | 
|of 30 September   |                   |                   |                   | 
|2020 / 31 December|               MEUR|               10.5|              -20.1| 
|2019              |                   |                   |                   | 
|__________________|___________________|___________________|___________________| 
|Headcount as of 30|                   |                   |                   | 
|September 2020 /  |                   |              1,150|              1,535| 
|31 December 2019  |                   |                   |                   | 
|__________________|___________________|___________________|___________________| 
 
SBO is a globally leading supplier of products and solutions used by the oil and 
gas industry for directional drilling and well completion. SBO is the global 
market leader in the manufacture of high-precision components made of non- 
magnetic high-alloy stainless steel. The company produces components 
specifically according to the requirements of customers in the oilfield service 
industry. At the same time, SBO is a leading provider of high efficiency 
drilling tools and equipment for the oil and gas industry, successfully 
establishing the company in technologically challenging, profitable niches. As 
of 30 September 2020, SBO had 1,150 employees worldwide (31 December 2019: 
1,535), thereof 370 in Ternitz, Austria, and 462 in North America (including 
Mexico). 
 
 
 
Further inquiry note: 
Andreas Böcskör, Head of Investor Relations 
Schoeller-Bleckmann Oilfield Equipment AG 
Tel: +43 2630 315 ext. 252, Fax: ext. 101 
E-Mail: a.boecskoer@sbo.co.at 
 
Ildiko Füredi-Kolarik 
Metrum Communications GmbH 
Tel: +43 1 504 69 87 ext. 351 
E-Mail: i.fueredi@metrum.at 
 
end of announcement                         euro adhoc 
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(END) Dow Jones Newswires

November 26, 2020 02:00 ET (07:00 GMT)