Husqvarna, active in among other things garden products, made an operating profit of 1.5 billion kronor during the first quarter of the year, down from 1.9 billion.
The net sales remained unchanged at 14.7 billion kronor.
CEO Pavel Hajman will leave later this year, the company announces.
The American trade war, changed exchange rates and general geopolitical uncertainty are expected to affect Husqvarna.
"This development is expected to lead to decreased demand and affect our financial results", the company writes in the report.
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