The figures were hit by a fourth-quarter charge of $76 million from restructuring its business.
Revenues rose 3 percent to $9.28 billion, short of the poll estimate of $9.5 billion, while orders rose to a weaker-than-expected $8.48 billion.
It proposed raising its dividend by two cents to 0.78 Swiss francs per share.
Chief Executive Ulrich Spiesshofer said the results showed the “dampening effects of our massive transformation”. The company spent much of 2017 reorganising as it battled a long-term downturn in indus…
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