May 21 (Reuters) - AMA Group Ltd AMA.AX :
* VOLUMES FOR MAY AND JUNE ARE LIKELY TO STILL BE IMPACTED ACROSS BUSINESS
* CLOSELY MONITORING COST IMPACTS WHICH MAY RESULT IN FURTHER DOWNSCALING OF SITES AND WORKFORCES
* SENIOR EXECUTIVES AND BOARD MEMBERS HAVE TAKEN 20% REDUCTION IN REMUNERATION PACKAGES FROM MAY 2020
* TAKEN RANGE OF INITIATIVES TO MINIMISE FINANCIAL IMPACT INCLUDING DOWNSCALING WORKFORCE
* NO CURRENT REQUIREMENT FOR A CAPITAL RAISING
* NET DEBT POSITION AT END OF APRIL IS TRACKING BETTER THAN ORIGINALLY FORECAST
* "TRAFFIC LEVELS ARE RETURNING TO PRE-COVID-19 LEVELS AS GOVERNMENT RELAXES RESTRICTIONS"
* VOLUMES FOR MAY AND JUNE ARE LIKELY TO STILL BE IMPACTED ACROSS BUSINESS