Today, over 55% of the group’s revenue comes from overseas operations. ComfortDelGro is a diversified multimodal transport operator with a strong global footprint across 13 countries. It runs public bus networks in London, Greater Manchester and major Australian cities, owns the established premium point-to-point brand Addison Lee in the UK, and is actively scaling autonomous vehicle (AV) deployments in China and Singapore. The group also holds significant international rail contracts, including operations in Stockholm and an upcoming role in the Paris Metro Line 15, while actively bidding for the Copenhagen Metro.
Most investors still view ComfortDelGro primarily as Singapore’s iconic taxi operator. Group CFO Christopher White explains why the group’s successful international expansion, improving UK margins, disciplined capital allocation and attractive dividend yield present a more compelling investment case than the current share price suggests.
To most Singaporeans, ComfortDelGro remains best known for operating the island’s familiar blue-and-yellow taxis. While the group does operate Singapore’s largest taxi fleet, this simplifies its global portfolio.
