ABB gave a brighter outlook for 2018, saying on Thursday it saw improving markets around the world after its overhaul hit the engineering group's fourth-quarter earnings.
The maker of power transmission equipment and industrial robots said net profit fell 8 percent to $393 million during the three months ended Dec. 31, missing the average estimate of $424 million in a Reuters poll of analysts.
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.