Aug 29 (Reuters) - Woolworths Holdings Ltd WHLJ.J :
* PRELIMINARY AUDITED GROUP RESULTS FOR THE 53 WEEKS ENDED 30 JUNE 2019 AND CASH DIVIDEND DECLARATION
* CHALLENGING ECONOMIC AND TRADING CONDITIONS IN BOTH SOUTH AFRICA AND AUSTRALIA CONTINUED TO WEIGH ON GROUP RESULTS
* IN SOUTH AFRICA, A STEADY IMPROVEMENT IN WOOLWORTHS FASHION BUSINESS WAS EXPERIENCED THROUGHOUT SECOND HALF OF YEAR
* IN AUSTRALIA, DAVID JONES EXPERIENCED PEAK DISRUPTION FROM REFURBISHMENT OF FLAGSHIP SYDNEY STORE, IMPACTING SALES BY ABOUT 3% IN H2
* IMPAIRMENT CHARGE OF A$437.4 MILLION WAS RECOGNISED AT 30 JUNE 2019, REDUCING VALUATION OF DAVID JONES TO APPROXIMATELY A$965.0 MILLION
* IN SOUTH AFRICA, CONSUMER SPENDING IS EXPECTED TO REMAIN CONSTRAINED
* EXPECT FOOD TO CONTINUE TO TRADE AHEAD OF MARKET AND FOR FBH TO CONTINUE ITS TURNAROUND
* IN AUSTRALIA, WE BELIEVE RETAIL MARKET WILL CONTINUE TO BE TOUGH WITH HEAVY DISCOUNTING AND PROMOTIONAL ACTIVITY
* FY REVENUE 75 179 MILLION RAND VERSUS 70 572 MILLION RAND
* FY HEADLINE EARNINGS PER SHARE 342.9 CENTS
* FY ADJUSTED DILUTED HEADLINE EARNINGS PER SHARE DOWN 2.1% TO 356.3 CPS