Press Release
Hilton Grand Vacations Reports Fourth-Quarter and Full-Year 2017 Results
ORLANDO, Fla. (Feb. 28, 2018) – Hilton Grand Vacations Inc. (NYSE:HGV) (“HGV” or the “Company”) today reported its fourth-quarter and full-year 2017 results. Highlights include:
- Diluted EPS was $1.83 for the fourth quarter and $3.28 for the full year.
- Net income was $183 million for the fourth quarter and $327 million for the full year.
- Adjusted EBITDA was $101 million for the fourth quarter and $395 million for the full year.
- Contract sales increased 8.3 percent for the fourth quarter and 8.8 percent for the full year.
- Net Owner Growth (NOG) for the full year was 7.2 percent.
- During the fourth quarter, the Company announced its first dedicated timeshare resort in Japan, a new 132-unit purpose-built development on Sesokojima Island, Okinawa.
