ComfortDelGro - DBS Research 2025-08-15: Steady Growth Story Remains Intact; Driving Growth Beyond Borders

• ComfortDelGro's 1H25 earnings up 11.2% y-o-y, driven by contribution from acquisitions and continued growth of UK Public Transport. Notably, A2B (acquired Apr 2024) contributed an additional quarter’s earnings, while Addison Lee (acquired Nov 2024) contributed a full half-year. This was partly offset by softer performance in Singapore (SG) Taxi.

2Q25 operating profit grew by S$6.5mil, up 8% y-o-y.

• - Read this at SGinvestors.io -
• Interim dividend of 3.91 cents declared. Interim dividend grew by 11%, in line with earnings growth as the company maintained its 80% payout ratio. See ComfortDelGro's dividend payout date.
• - Read this at SGinvestors.io -

Segmental commentary’s key highlights as follows:

Public Transport

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Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

Previous report by DBS:
2025-06-06 ComfortDelGro - Growing Not Grabbing The Taxi Pie.

Price targets by 5 other brokers at ComfortDelGro Target Prices.

Listing of research reports at ComfortDelGro Analyst Reports.

Relevant links:
ComfortDelGro Share Price History,
ComfortDelGro Announcements,
ComfortDelGro Dividend Payout Dates & Corporate Actions,
ComfortDelGro News