Snap-on reported Q4/15 financial services operating earnings of $45.0 million in the quarter increased $2.8 million, or 6.6%, from 2014 levels; financial services revenue of $63.1 million in the quarter increased 6.2% from 2014 levels.
Full year 2015 financial services revenue was $240.3 million, up 11.8% from $214.9 million for the same period one year-ago. Operating earnings of $170.2 million were up 14.2% from $149.1 million a year earlier.
Finance receivables at year-end 2015 of $1,220 million were up 15.9% from $1,052.9 million at year-end 2015. Additions to finance receivables of $844.2 million were up from $746.2 million or 13.1% a year earlier.
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