SYDNEY, Aug 20 (Reuters) - Sydney Airport Holdings Pty Ltd (SYD) on Friday reported its first-half loss doubled in a tough period for travel demand, days after rejecting an improved A$22.8 billion buyout offer from a consortium of infrastructure investors.
The A$108.7 million net loss at Australia's biggest airport operator for the six months ended June 30 compares with the A$51.8 million loss reported last year.
Earnings before interest, tax, depreciation and amortisation, a measure favoured by analysts covering the stock, fell by 30% to A$210.8 million in the first half, below the Visible Alpha consensus of A$228.6 million cited by broker Jefferies.
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