10 Things Investors Should Know About ComfortDelGro Corporation Ltd’s Public Transport Services Business

ComfortDelGro Corporation Ltd (SGX: C52) is one of the world’s largest land transport companies. It has seven business segments and operations in seven countries (Singapore, China, the United Kingdom, Ireland, Australia, Vietnam, and Malaysia).

In this article, I want to highlight important information about ComfortDelGro’s largest business segment – Public Transport Services – that was shared in the company’s latest 2016 annual report. I’m also going to focus specifically on the bus-related part of the Public Transport Services segment.

In a previous article, I had shared four key pieces of information. I’d be sharing six more here:

5) ComfortDelGro’s bus operations in the UK comes from Metroline Limited. In 2016, Metroline maintained its position as London’s second largest bus operator with a fleet of over 1,740 buses. It plies routes mainly in the North, West, and Central regions of London, as well as in Hertfordshire. Over 19% of London’s scheduled bus mileage is operated by Metroline.

6) In 2016, Metroline successfully retained 17 of its 20 contracts that expired, and won another three new contracts.

7) As part of a pilot scheme, in April 2016, Metroline started operating the first five fully electric double-deck buses in the world.

8) In Ireland, ComfortDelGro runs a network of inter-city and Dublin Airport express routes through a wholly-owned subsidiary, CityLink. The routes link cities such as Cork, Dublin, Galway and Limerick. In a June 2016 survey by Customer eXperience Insights (CXi), CityLink was ranked fifth out of 100 brands, and was named a winner in the travel sector.

9) In Australia, ComfortdDlGro operates bus services in a number of regions. Sydney is one of them, and the company runs bus services there through ComfortDelGro Corporation Australia Pty Ltd, which became a wholly-owned subsidiary in February 2017 after ComfortDelGro acquired the remaining 49% stake that it did not own. The subsidiary was named as ComfortDelGro Cabcharge Pty Ltd prior to the full acquisition.

10) ComfortDelGro operates services in Australia under six brands (Hillsbus, Hunter Valley Buses, Blue Mountains Transit, Qcity Transit, Transborder Express brands, and CDC Victoria). It has a fleet of about 1700 buses in Australia.

What’s useful to note from all the information above is that ComfortDelGro is not only a major player in the bus industry in Singapore, it’s also a significant bus operator in the UK and Australia.

If you like what you've seen, you can get even more investing insights and analyses from The Motley Fool's investing newsletter Take Stock Singapore. It's FREE, so do check it out here.

Also, like us on Facebook to follow our latest news and articles. The Motley Fool's purpose is to help the world invest, better.

The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Lawrence Nga doesn’t own shares in any companies mentioned.