Sept.1 (Reuters) - Myer Holdings Ltd MYR.AX :
* FY total sales up 1.7% to $3.20 billion, up 1.1% on a comparable store sales basis
* Says no final dividend determined by the board for FY 2015
* FY net profit after tax (npat) (excluding individually significant items) $77.5 million, down 21.3%
* Following FY 2016, Myer expects to return to sustainable profit growth"
* Says Myer expects npat for FY 2016 to be in the range of $64 million to $72 million
* Says capital expenditure is expected to be in the range of $100 million to $120 million in FY 2016
* Announced launch of fully underwritten 2 for 5 accelerated pro-rata non- renounceable entitlement offer to raise about $221 million
* Entitlement offer at an offer price of $0.94 per share
* Proceeds of the offer will be used to reduce core debt and provide balance sheet flexibility to implement the new Myer strategy
* Source text for Eikon ID:nASX4qJHt1