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Roche 2017 earnings


The headquarters of Roche AG in Basel, Switzerland.

Gianluca Colla | Bloomberg | Getty Images

The headquarters of Roche AG in Basel, Switzerland.

Roche said 2017 net income fell 9 percent as the Swiss drugmaker took charges for the impairment of goodwill and intangible assets as well as amortisation of intangible assets.

IFRS net income dropped to 8.8 billion Swiss francs ($9.45 billion) from 9.7 billion francs a year earlier. Sales rose 5 percent to 53.3 billion francs, compared to the 53.2 billion francs average estimate in a Reuters poll of analysts.

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