Snap-on reported financial services revenue in Q4/17 of $79.9 million, an increase of $5.7 million from $74.2 million for the same quarter one year earlier. Financial services operating earnings of $54.4 million in Q4/17 increased $2.8 million from $51.6 million year over year.
For the full-year 2017, financial services revenue of $217.5 million was up 9.5% from $198.7 million for the same period one year ago.
Net finance receivables at fiscal year-end 2017 of $1,544.6 million were up 9.8% from $1,407 million at fiscal year-end 2006.
Originations of $265.0 million in Q4/17 increased $4.7 million, or 1.8%, from 2016 levels.
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