Optimism at Autodesk: Successful Third Quarter and Strategic Setting

Autodesk once again impresses with a strong third quarter and a 12 percent increase in revenue at constant exchange rates. The company has set ambitious goals and optimized its forecast for the entire year, a sign of sustainable growth and the strategic implementation of the new transaction model in Western Europe. These changes are intended to strengthen direct relationships with customers and increase efficiency through automation and digital self-services. At the Autodesk University event in San Diego, which attracted numerous participants both on-site and online, the company presented innovative solutions based on granular cloud data models. Customers and partners expressed being "cautiously optimistic," a sentiment that reflects the current momentum of the company. CEO Andrew Anagnost praised the event as evidence of Autodesk’s leading role in cloud and AI investments. Chief Financial Officer Betsy Rafael reported further progress in the conference call. The product segments of AutoCAD and AutoCAD LT, AEC, and Manufacturing recorded double-digit growth rates. The launch of the new transaction model went smoothly and significantly influenced the increase in direct sales by 23 percent. Equally pleasing is the increase in the share buyback authorization by USD 5 billion, further underscoring the optimism. Sustainable value creation is a focus for Autodesk, both through business process optimization and targeted capital allocation. The recent entry of Janesh into the company is seen as an additional growth driver, while Betsy Rafael remains a valuable support during this transition period. The market for long-term growth and connected solutions continues to promise strong momentum. Autodesk sees itself well positioned to benefit from these trends and further expand its leadership position.