News: CAR Carsales.Com Continues To Be Unable To Provide Specific Financial Guidance For Fy20

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    April 23 (Reuters) - Carsales.Com Ltd (CAR) :

    • 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
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$39.56
Change
0.460(1.18%)
Mkt cap ! $14.95B
Open High Low Value Volume
$39.75 $39.75 $39.34 $4.010M 101.3K

Buyers (Bids)

No. Vol. Price($)
9 348 $39.56
 

Sellers (Offers)

Price($) Vol. No.
$39.57 41 2
View Market Depth
Last trade - 12.04pm 05/09/2025 (20 minute delay) ?
CAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.