Core PATMI beat on strong overseas execution.
- Excluding PPA and non-recurring items, operating profit rose 15% y-o-y to S$365m. Overseas revenue/operating profit contributions rose to 55.3%/44.7% respectively (2024: 49.1%/34.9%), underscoring its increasingly global earnings base and diversification.
Higher dividend.
Public transport: Margin expansion from UK renewals.
This is a partial preview of the article. The complete article, including further analyst commentary on the outlook, valuation, dividend forecast, stock rating, target price, and more, is available on SGinvestors.io.
Read the complete article on SGinvestors.io.
Heidi Mo UOB Kay Hian Research | Kai Jie Tang UOB Kay Hian Research | https://research.uobkayhian.com/ 2026-03-02
Read also UOB's most recent report:
2026-05-14 ComfortDelGro - 1Q26 Earnings Disappoint; Downgrade To HOLD.
Price targets by 2 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
