Strong Contract Sales and EBITDA Growth
Contract sales were up 10% year-over-year to $721 million, and adjusted EBITDA was $248 million with margins excluding reimbursements of 22%.
Significant VPG Growth
VPG grew 15% to more than $4,100, with growth in both owner and new buyer channels.
Robust Marketing Package Pipeline
The marketing package pipeline remains strong at over 725,000 packages, with a 22% increase in dated packages from Q4 to Q1.
Bluegreen Integration and Synergies
Reached $89 million of cost synergies from the Bluegreen integration, with a target of $100 million by the end of 2025.
Successful Share Repurchase Program
Repurchased 5.7 million shares for $210 million year-to-date, representing 6% of shares outstanding.