$1.7B loss for Caterpillar

CATERPILLAR has posted a $US1.3 ($A1.7) billion loss for the fourth quarter of 2016 and a full-year before tax profit of just $139 million.

$1.7B loss for Caterpillar $1.7B loss for Caterpillar $1.7B loss for Caterpillar $1.7B loss for Caterpillar $1.7B loss for Caterpillar

It has been a hard year for Big Yellow.

Sales and revenues in the fourth quarter were $9.6 billion, down about 14%, year on year.

Full-year sales and revenues were $38.5 billion, down about 18% from the $47 billion in 2015.

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