April 23 (Reuters) - Carsales.Com Ltd CAR.AX :
* CONTINUES TO BE UNABLE TO PROVIDE SPECIFIC FINANCIAL GUIDANCE FOR FY20
* CARSALES.COM SAYS BOARD AND EXECUTIVE REMUNERATION REDUCED BY 20% FROM 1 APRIL TO 30 JUNE
* AT END OF MARCH, CO HAD NET DEBT POSITION OF $355 MILLION
* CARSALES.COM-WAIVED ALL FIXED & VARIABLE ADVERTISING CHARGES FOR APRIL AND PROVIDED A 50% DISCOUNT IN MAY
* DEFERRED PAYMENT OF APRIL AND MAY ADVERTISING INVOICES BY 30 DAYS
* ABOUT 250 EMPLOYEES IN AUSTRALIA STOOD DOWN TEMPORARILY, MOST ON A PARTIAL BASIS
* IMPLEMENTED REDUCTION OF COSTS ACROSS BUSINESS, SUCH AS OUTDOOR BRAND MARKETING