ComfortDelGro's International Expansion Could Drive Growth -- Market Talk

Dow Jones

Nov 13

0442 GMT - ComfortDelGro's international expansion is likely to drive the transport operator's growth in the coming years, says DBS Group Research's Zheng Feng Chee in a note. The Singapore-based company has leveraged its strong balance sheet to buy overseas businesses that complement its existing operations, he says. The analyst expects operating profit contribution from the company's international businesses to rise to 49% by 2026 from 35% in 2024. Earnings growth next year could be sustained by lower finance costs, continued margin expansion at its U.K. bus business and full-year contribution from a Stockholm rail contract, he says. Still, 4Q could be muted on softer Singapore taxi operations, he adds. DBS maintains its buy rating and S$1.80 target on ComfortDelGro, which trades 0.7% lower at S$1.47.(megan.cheah@wsj.com)

(END) Dow Jones Newswires

November 12, 2025 23:42 ET (04:42 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2583534279"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2583534279\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2583534279?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-13 12:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2583534279","market":"nz","top_or_hot":-1,"title":"ComfortDelGro's International Expansion Could Drive Growth -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0442 GMT - ComfortDelGro's international expansion is likely to drive the transport operator's growth in the coming years, says DBS Group Research's Zheng Feng Chee in a note. The Singapore-based company has leveraged its strong balance sheet to buy overseas businesses that complement its existing operations, he says. The analyst expects operating profit contribution from the company's international businesses to rise to 49% by 2026 from 35% in 2024. Earnings growth next year could be sustained by lower finance costs, continued margin expansion at its U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. bus business and full-year contribution from a Stockholm rail contract, he says. Still, 4Q could be muted on softer Singapore taxi operations, he adds. DBS maintains its buy rating and S$1.80 target on ComfortDelGro, which trades 0.7% lower at S$1.47.(megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 12, 2025 23:42 ET (04:42 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ComfortDelGro's International Expansion Could Drive Growth -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nComfortDelGro's International Expansion Could Drive Growth -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-13 12:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0442 GMT - ComfortDelGro's international expansion is likely to drive the transport operator's growth in the coming years, says DBS Group Research's Zheng Feng Chee in a note. The Singapore-based company has leveraged its strong balance sheet to buy overseas businesses that complement its existing operations, he says. The analyst expects operating profit contribution from the company's international businesses to rise to 49% by 2026 from 35% in 2024. Earnings growth next year could be sustained by lower finance costs, continued margin expansion at its U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. bus business and full-year contribution from a Stockholm rail contract, he says. Still, 4Q could be muted on softer Singapore taxi operations, he adds. DBS maintains its buy rating and S$1.80 target on ComfortDelGro, which trades 0.7% lower at S$1.47.(megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 12, 2025 23:42 ET (04:42 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1634259557.SGD","symbol_name":"Eastspring Investments - Asian Low Volatility Equity Fund AS SGD-H","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2583534279","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583534279","pubTimestamp":1763008920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0442 GMT - ComfortDelGro's international expansion is likely to drive the transport operator's growth in the coming years, says DBS Group Research's Zheng Feng Chee in a note. The Singapore-based company has leveraged its strong balance sheet to buy overseas businesses that complement its existing operations, he says. The analyst expects operating profit contribution from the company's international businesses to rise to 49% by 2026 from 35% in 2024. Earnings growth next year could be sustained by lower finance costs, continued margin expansion at its U.K. bus business and full-year contribution from a Stockholm rail contract, he says. Still, 4Q could be muted on softer Singapore taxi operations, he adds. DBS maintains its buy rating and S$1.80 target on ComfortDelGro, which trades 0.7% lower at S$1.47.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1634259557.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund AS SGD-H","RJAW.SI":"DBS MB ePW240902","IE00BGHQDM52.EUR":"GUINNESS ASIAN EQUITY INCOME \"C\" (EUR) ACC","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","SG9999002406.SGD":"利安新加坡信托基金","LU0737861269.HKD":"FIDELITY ASEAN \"A \" (HKD) ACC","LU0261945553.USD":"FIDELITY ASEAN \"A\" ACC","LU1282649141.HKD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AMG\" (HKD) INC","LU0577902371.SGD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","SG9999002562.SGD":"LionGlobal Asia Pacific SGD","LU0588545730.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY INCOME \"ADM\" (USD) INC","C52.SI":"康福德高企业","LU0882747503.HKD":"UBS (LUX) KEY SELEC ASIA ALLOCATION OPPORTUNITY (USD) \"P\" (HKD) INC","LU1770036033.HKD":"NINETY ONE GSF ASIAN EQUITY \"A\" (HKD) ACC","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","LU0048597586.USD":"富达亚洲焦点A","LU0261947096.USD":"FIDELITY FUNDS  SUSTAINABLE ASIA EQUITY \"A\" (USD) ACC","LU0192582467.USD":"SCHRODER ISF ASIAN EQUITY YIELD \"A\" (USD) INC MF","LU0205439572.USD":"富达亚太股息基金","LU0823413587.USD":"BNP PARIBAS EMERGING EQUITY \"C\" (USD) ACC","LU1839390173.USD":"JPM ASEAN EQUITY \"A\" (USD) INC","SG9999001903.USD":"Aberdeen Standard Pacific Equity USD","LU0251143029.SGD":"Fidelity ASEAN A-SGD","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU0648948544.HKD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AM\" (HKD) INC","SG9999001127.SGD":"United Singapore Growth Fund SGD","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","LU1282649810.SGD":"Allianz Asian Multi Income Plus Cl AMg DIS H2-SGD","LU0084288322.USD":"Natixis Asia Equity RD USD","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","LU0011963245.USD":"abrdn SICAV I ASIA PACIFIC SUSTAINAB  LE EQUITY \"A\" (USD) ACC","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","LU0675040207.SGD":"JPM ASIA PACIFIC EQUITY \"A\" (SGD) ACC","LU1497733631.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund ASDM SGD","LU0315178854.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY INCOME \"A\" ACC","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","LU0831103253.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","LU0577902298.EUR":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (EUR) ACC","SG9999001226.SGD":"UNITED SUSTAINABLE ASIA TOP 50 \"A\" (SGD) ACC","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","LU0823397103.USD":"BNP PARIBAS SUSTAINABLE ASIA EX-JAPAN EQUITY \"C\" (USD) ACC","SG9999014302.SGD":"RHB Singapore Income Fund SGD","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD"},"translate_title":"康福德高的国际扩张可能会推动增长——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"C52.SI":1.5,"RJAW.SI":0.71},"content_text":"0442 GMT - ComfortDelGro's international expansion is likely to drive the transport operator's growth in the coming years, says DBS Group Research's Zheng Feng Chee in a note. The Singapore-based company has leveraged its strong balance sheet to buy overseas businesses that complement its existing operations, he says. The analyst expects operating profit contribution from the company's international businesses to rise to 49% by 2026 from 35% in 2024. Earnings growth next year could be sustained by lower finance costs, continued margin expansion at its U.K. bus business and full-year contribution from a Stockholm rail contract, he says. Still, 4Q could be muted on softer Singapore taxi operations, he adds. DBS maintains its buy rating and S$1.80 target on ComfortDelGro, which trades 0.7% lower at S$1.47.(megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 12, 2025 23:42 ET (04:42 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}