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Autodesk reports results of audit committee investigation Provides preliminary results for first quarter fiscal 2025 and business outlook

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SAN FRANCISCO, May 31, 2024 /PRNewswire/ — Autodesk, Inc. (NASDAQ: ADSK) announces the results of the Audit Committee investigation. As previously announced on April 1, 2024, the Audit Committee of the Board of Directors initiated an internal investigation regarding the company’s free cash flow and non-GAAP operating margin practices. The Committee has completed its planned procedures with respect to the investigation. The company’s management has determined that there will be no restatement or adjustment of any audited or unaudited, filed or previously announced, GAAP or non-GAAP financial statements.

The company is also providing preliminary results for first quarter fiscal 2025 and business outlook.

“We appreciate your patience as we work through this important process. We take situations like this very seriously and are grateful to put the investigation behind us,” said Andrew Anagnost, Autodesk president and CEO. “In the first quarter of fiscal 2025, we generated broad-based growth in AEC and manufacturing across products and regions. The new transaction model implementation is on track. Our strong start sets us up well to achieve our goals for the year.”

The company also announces the following executive appointments.

Elizabeth “Betsy” Rafael has been appointed by the Board as Interim Chief Financial Officer (Principal Financial Officer), effective May 31, 2024. As Interim Chief Financial Officer, she is not currently an “independent director” for purposes of the Nasdaq Stock Market and has stepped down from the Audit Committee. She remains a director of the company.

Deborah L. Clifford has been appointed as the company’s Chief Strategy Officer, reporting to the Chief Executive Officer, effective May 31, 2024. Her responsibilities will include, among other things, corporate development, new vertical businesses that are outside Autodesk’s existing product groups, and the company’s Social Impact and Sustainability efforts.

Autodesk is working diligently to file its annual report on Form 10-K as soon as possible and to hold an earnings call to discuss first quarter fiscal 2025 results. Until the Form 10-K is filed and full first quarter earnings are reported, the company remains in a closed period and is restricted in its communications with investors.

Summary of the principal findings of the Audit Committee

The relevant time period for the investigation was fiscal years 2022, 2023, and 2024. A summary of the principal findings of the Audit Committee are set forth below:

The company has historically relied on multiyear contracts with its enterprise and product subscription customers, billed upfront, to help meet its free cash flow targets. During the relevant period, the company engaged in programs designed to incentivize customers to accept multiyear upfront billing, renew early, and/or pay before the end of the fiscal year.

The company has disclosed its practice of incentivizing customers to adopt multiyear upfront billing arrangements. It has also acknowledged that discounted multiyear upfront contracts reduce revenue and lower billings in out years. Though prior to fiscal year 2024, the company did not quantify free cash flow attributable to multiyear upfront billings, it has noted the contribution of upfront collections to fluctuations in the company’s quarterly reported long-term deferred revenue.

During fiscal year 2022, the company announced that it had begun to shift enterprise customers to contracts billed annually, and that it had assumed fiscal 2023 enterprise contracts would be billed annually. The company subsequently determined, however, to pursue multiyear upfront contracts with enterprise customers to help meet its fiscal year 2023 free cash flow goal. Upfront billings of enterprise customers in fiscal year 2023 substantially exceeded historical levels, helping the company to meet its lowered annual free cash flow target.

In addition, during the relevant period, certain decisions regarding discretionary spending, collections, and accounts payable were informed by their anticipated effects on the company’s external free cash flow and/or non-GAAP operating margin targets. The resulting actions generally served to reduce reported free cash flow and/or lower reported margin in the current period. Though free cash flow was one factor in the company’s executive compensation program, these decisions were not calculated to influence compensation outcomes.

The Audit Committee proposed certain remedial measures including: reviewing certain processes around financial communications and disclosures; assessing certain company organizational functions and responsibilities; and adopting and enhancing policies and processes related to the matters investigated. 

Separate from the Audit Committee’s findings, the company notes that multiyear upfront billings of enterprise customers in fiscal year 2024 was substantially lower than fiscal years 2022 and 2023.

Preliminary results for first quarter fiscal 2025 and business outlook

Autodesk also announced preliminary results for the first quarter fiscal 2025 and business outlook as follows:

First Quarter Fiscal 2025 Preliminary Results

Q1 FY25
 (ending April 30, 2024)

Revenue

approximately $1.42 billion

GAAP diluted EPS

approximately $1.16

Non-GAAP diluted EPS (1)

approximately $1.87

(1) Non-GAAP earnings per diluted share excludes approximately $0.69 related to stock-based compensation expense, $0.05 and $0.07 for the amortization of purchased intangibles and developed technologies, respectively, $0.07 for acquisition-related costs, and $0.02 for valuation allowance on deferred tax assets, partially offset by ($0.19) related to GAAP-only tax charges.

Business Outlook

The following are forward-looking statements based on current expectations and assumptions, and involve risks and uncertainties, some of which are set forth below under “Safe Harbor Statement.” Autodesk’s business outlook for the second quarter and full-year fiscal 2025 considers the current economic environment and foreign exchange currency rate environment. A reconciliation between the fiscal 2025 GAAP and non-GAAP estimates is provided below.

Second Quarter Fiscal 2025

Q2 FY25 Guidance Metrics

Q2 FY25
 (ending July 31, 2024)

Revenue (in millions)

$1,475 – $1,490

EPS GAAP

$1.12 – $1.18

EPS non-GAAP (1)

$1.98 – $2.04

(1) Non-GAAP earnings per diluted share excludes $0.80 related to stock-based compensation expense, $0.15 for the amortization of both purchased intangibles and developed technologies, and $0.07 for acquisition-related costs, partially offset by ($0.16) related to GAAP-only tax charges.

Full Year Fiscal 2025

FY25 Guidance Metrics

FY25
 (ending January 31, 2025)

Billings (in millions)

$5,810 – $5,960
 Up 12% – 15%

Revenue (in millions) (1)

$5,990 – $6,090
 Up 9% – 11%

GAAP operating margin

21% – 22%

Non-GAAP operating margin (2)

35% – 36%

EPS GAAP

$4.71 – $4.93

EPS non-GAAP (3)

$7.99 – $8.21

Free cash flow (in millions) (4)

$1,430 – $1,500

(1) Excluding the impact of foreign currency exchange rates and hedge gains/losses, revenue guidance range would be approximately 1 percentage point higher.

(2) Non-GAAP operating margin excludes approximately 11% related to stock-based compensation expense, approximately 2% for the amortization of both purchased intangibles and developed technologies, and approximately 1% related to acquisition-related costs.

(3) Non-GAAP earnings per diluted share excludes $3.16 related to stock-based compensation expense, $0.57 for the amortization of both purchased intangibles and developed technologies, and $0.20 related to acquisition-related costs, partially offset by ($0.65) related to GAAP-only tax charges.

(4) Free cash flow is cash flow from operating activities less approximately $30 million of capital expenditures.

The second quarter and full-year fiscal 2025 outlook assume a projected annual effective tax rate of 21 percent and 19 percent for GAAP and non-GAAP results, respectively. Shifts in geographic profitability continue to impact the annual effective tax rate due to significant differences in tax rates in various jurisdictions. Therefore, assumptions for the annual effective tax rate are evaluated regularly and may change based on the projected geographic mix of earnings.

Safe Harbor Statement

This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding our preliminary first quarter fiscal 2025 results, statements in the paragraphs under “Business Outlook” above, statements about our short-term and long-term goals, statements regarding our strategies, market and product positions, performance and results, and all statements that are not historical facts. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: any adjustments that could be made prior to filing our annual report on Form 10-K and announcing our first quarter fiscal 2025 results, the risk that the completion and filing of the Form 10-K will take longer than expected; our strategy to develop and introduce new products and services and to move to platforms and capabilities, exposing us to risks such as limited customer acceptance (both new and existing customers), costs related to product defects, and large expenditures; global economic and political conditions, including foreign exchange headwinds, recessionary fears, supply chain disruptions, resulting inflationary pressures and hiring conditions; costs and challenges associated with strategic acquisitions and investments; dependency on international revenue and operations, exposing us to significant international regulatory, economic, intellectual property, collections, currency exchange rate, taxation, political, and other risks, including risks related to the war against Ukraine launched by Russia and our exit from Russia; inability to predict subscription renewal rates and their impact on our future revenue and operating results; existing and increased competition and rapidly evolving technological changes; fluctuation of our financial results, key metrics and other operating metrics; our transition from up front to annual billings for multi-year contracts; deriving a substantial portion of our net revenue from a small number of solutions, including our AutoCAD-based software products and collections; any failure to successfully execute and manage initiatives to realign or introduce new business and sales initiatives; net revenue, billings, earnings, cash flow, or new or existing subscriptions shortfalls; social and ethical issues relating to the use of artificial intelligence in our offerings; our ability to maintain security levels and service performance meeting the expectations of our customers, and the resources and costs required to avoid unanticipated downtime and prevent, detect and remediate performance degradation and security breaches; security incidents or other incidents compromising the integrity of our or our customers’ offerings, services, data, or intellectual property; reliance on third parties to provide us with a number of operational and technical services as well as software; our highly complex software, which may contain undetected errors, defects, or vulnerabilities; increasing regulatory focus on privacy issues and expanding laws; governmental export and import controls that could impair our ability to compete in international markets or subject us to liability if we violate the controls; protection of our intellectual property rights and intellectual property infringement claims from others; the government procurement process; fluctuations in currency exchange rates; our debt service obligations; and our investment portfolio consisting of a variety of investment vehicles that are subject to interest rate trends, market volatility, and other economic factors. Our estimates as to tax rate are based on current tax law, including current interpretations of the Tax Cuts and Jobs Act, and could be affected by changing interpretations of that Act, as well as additional legislation and guidance around that Act.

Further information on potential factors that could affect the financial results of Autodesk are included in Autodesk’s Form 10-K and subsequent Forms 10-Q, which are on file with the U.S. Securities and Exchange Commission. Autodesk disclaims any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

About Autodesk

The world’s designers, engineers, builders, and creators trust Autodesk to help them design and make anything. From the buildings we live and work in, to the cars we drive and the bridges we drive over. From the products we use and rely on, to the movies and games that inspire us. Autodesk’s Design and Make Platform unlocks the power of data to accelerate insights and automate processes, empowering our customers with the technology to create the world around us and deliver better outcomes for their business and the planet. For more information, visit autodesk.com or follow @autodesk. #MakeAnything

Autodesk is a registered trademark of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.

© 2024 Autodesk, Inc. All rights reserved.

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SOURCE Autodesk, Inc.

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DOOGEE Unveils the Different Charm of Electronics at Dual Exhibitions: Canton Fair & Global Sources Mobile Electronics 2025

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April 14, 2025

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SHENZHEN, China, April 14, 2025 /PRNewswire/ — This April, DOOGEE, a pioneer in the realm of mobile technology, is thrilled to announce its participation in two of the industry’s most prestigious events: the 2025 Canton Fair held in Guangzhou and the 2025 Global Sources Mobile Electronics exhibition held in Hong Kong. With over 12 years of relentless innovation, DOOGEE is set to showcase its commitment to technological advancement and user experience enhancement at these renowned trade platforms.

Under the “Advanced Manufacturing” banner at the Canton Fair, DOOGEE will unveil a stunning lineup of smartphones and tablets designed for tech enthusiasts. Simultaneously, at the Global Sources Mobile Electronics exhibition, themed “Breaking Boundaries in Mobile Technology,” DOOGEE will continue to demonstrate its prowess in pushing the envelope of mobile technology. DOOGEE offerings, largely AI-integrated and 5G-enabled, promise a sneak peek into the future of mobile innovation. Join DOOGEE on this exciting journey to explore the forefront of communication and connectivity!

You Are Invited for 137th Canton Fair & 2025 Global Sources Mobile Electronics

Exhibition Name: 137th Canton Fair
Date: 15th to 19th April, 2025
Hall: Hall 7.1
Booth: C05-06
Address: China Import and Export Fair Complex, Guangzhou, China

Exhibition Name: 2025 Global Sources Mobile Electronics
Date: 18th to 21st April, 2025
Hall: Hall 5 & 7
Booth: 5H20
Address: AsiaWorld-Expo, Hong Kong

DOOGEE AI – Smarter, Faster, More Powerful

DOOGEE is at the forefront of AI innovation, integrating advanced artificial intelligence into its latest smartphones and rugged devices. Its AI-powered features enhance efficiency, creativity, and user experience, making every interaction smoother and more intuitive.

AI-Enhanced Smartphones & Rugged Phones

Smarter Photography & Content Creation

Speed Series (S200 Ultra) & Blade Series (Blade GT Play) bring next-level AI capabilities to mobile photography and content creation. These cutting-edge devices are equipped with:

AI Erase – Effortlessly removes unwanted objects from images for flawless photography.

AI Background Replacement – Instantly swap backgrounds for studio-quality shots, perfect for professionals and influencers.

AI Digital Human – Generate realistic, AI-powered avatars that bring your digital presence to life.

AI Portrait Mode – Capture stunning, professional-grade portraits with intelligent depth mapping and real-time enhancements.

Whether you’re a content creator, influencer, or casual photographer, DOOGEE AI transforms your device into a powerful creative studio, allowing you to capture and edit like a pro.

AI-Powered Communication & Productivity

Victory Series (V Max Play) & Note Series (Note59 Pro+) take AI innovation to the next level with intelligent tools designed for seamless communication and enhanced productivity:

AI Call Summary – Automatically transcribes and summarizes calls, helping you stay organized without taking notes.

AI Text Assistant – Generates, refines, and optimizes text for emails, reports, and messages.

AI Intelligent Agent – Acts as your personal assistant, scheduling tasks, setting reminders, and offering smart recommendations.

AI Elimination & AI Image Cutout – Remove unnecessary elements from images and extract subjects effortlessly for creative projects.

AI Text-to-Image – Convert text descriptions into stunning visuals, perfect for designers, marketers, and content creators.

With DOOGEE AI, technology doesn’t just respond—it anticipates, adapts, and enhances your experience. From AI-enhanced cameras and smart communication tools to AI-powered creative functions, DOOGEE continues to push the boundaries of what’s possible.

DOOGEE Dare Different – Pushing Boundaries, Redefining Innovation

1. Doogee’s Rugged Phones Series Dare to Be Different

V Max Series—The Ultimate Flagship, Max in Every Way

Built for adventurers, the V Max Series delivers all-around max performance with its 22,000mAh battery and powerful camping lights for endless outdoor exploration.

In 2025, DOOGEE took it further with the V Max Play—the world’s first rugged phone with an integrated projector and camping light. Whether camping, watching movies under the stars, or working on-site, the V Max Play provides max convenience, max entertainment, and max endurance—all in one device.

V Max Play: The Practical Outdoor Rugged Phone With  Integrated Projector And Camping Light (Portable projector )

The V Max Play is the world’s first rugged phone that integrates a projector, camping light, and indicator light, offering all-in-one convenience for outdoor, home, and business use. Its portable design eliminates the need for multiple devices, making it ideal for any environment. The smart projection and high-brightness lighting enhance entertainment and outdoor living, while AI-powered features simplify tasks and improve efficiency. Whether for camping, work, or leisure, the V Max Play delivers practicality, durability, and cutting-edge innovation in one powerful device.

S200 Series: Mecha Design Rugged Phone with Ultra-clear Rear Display

Designed for gamers and tech lovers, the S200 Series features a mecha-style design, ultra-fast 5G, and a stunning rear display. The Speed series has become a symbol of innovation and style, giving gamers a sense of pride with every use.

S200 Ultra “Mecha 3.0, Top Configuration”

The S200 Ultra is the flagship model of the S200 series, engineered for next-level performance. It features the more powerful 5G Dimensity 7300 (4nm) processor, massive 1TB storage, it offers fast performance and seamless multitasking. Whether you’re hiking, traveling, or relaxing outdoors, stay connected with its robust 5G network. For gamers, the 5G processor and large storage ensure smooth gameplay and fast load times, making every moment clear, immersive, and responsive. With a high-capacity 11,000mAh silicon-negative battery with 66W fast charging, it ensures unstoppable endurance.

Designed with a mecha-inspired aesthetic, the S200 Ultra stands out with its 1.32″ 60Hz AMOLED rear display, dynamic watch dials, and YouTube access, delivering a futuristic, high-tech look.The AMOLED rear display lets you view maps, share photos, and customize watch dials to track activities. With YouTube access, you can stream content anywhere.

Coming in Q2 2025, the S200 Ultra takes battery performance even further, emphasizing extreme power and durability. This heavy-duty, mecha-style powerhouse features AI-enhanced functions and a customizable breathing light, merging cutting-edge technology with an aggressive, bold design.

Blade Series: The Pioneer of Light & Rugged Smart Phone

Breaking away from the bulky stereotype of traditional rugged phones, the Blade Series redefines the industry with its ultra-thin, lightweight, and three-proof (waterproof, dustproof, shockproof) design. This innovative series, which includes the Blade GT Series and the Blade Digital Series, combines ultra-thin, lightweight design with robust durability, setting a new standard for style and performance in rugged smartphones.

The Blade GT Series stands out with its ultra-slim, portable design, effortlessly fitting into any pocket or bag. Despite its compact form, it delivers formidable performance thanks to the latest processing technology, ensuring smooth multitasking and rapid responses. The addition of smart lighting effects enhances the device’s stylish appeal, offering a personalized touch to this high-performance smartphone.

Meanwhile, the Blade Digital Series, notably the Blade 20 Series, is thinner and lighter than a rugged phone and more durable than an ordinary phone. With an industry-leading 10,300mAh battery—Industry-leading battery life, crushing ordinary flagships—and a remarkably thin 15.8mm body, it is 30% lighter than traditional rugged phones. Engineered for extreme endurance, it boasts IP68 and IP69K ratings, withstanding 1.5-meter drops and the toughest conditions.

Blade GT Play: Newbie Friendly Smart Light Phone 2.0

The Blade GT Play takes the Blade GT series to new heights with a sleek design and powerful upgrades. This is the first-ever smart light rugged phone that combines functionality with fun, providing a truly unique experience. Elevating the Blade GT series, the Blade GT Play is sleeker, stronger, and smarter. It’s the first smart light rugged phone that blends functionality with fun. Powered by the MediaTek Dimensity 7300 5G processor, it offers faster, more efficient performance. With 16GB RAM, 512GB storage, and a 100MP camera, it ensures top-notch performance and stunning photography. The ultra-thin, durable body features 33W fast charging for quick power-ups. Customizable smart lighting effects make the Blade GT Play a perfect blend of style, performance, and rugged durability.

Blade 20 Play: King of Loud & Night Vision of Blade 20 Series

This rugged smartphone transforms into a portable DJ booth and night vision powerhouse. With a massive 36mm 3.5W speaker reaching 125dB—as loud as a motorcycle engine—the Blade 20 Play outperforms most Bluetooth speakers. The Smart LED lighting effects sync to the rhythm of your music, turning any space into a party zone. At night, the 50MP main camera + 20MP night vision sensor ensures you see the unseen, capturing every detail in the darkest environments. Whether exploring the outdoors or navigating city nights, the Blade 20 Play keeps everything in clear view. With a 10,300mAh battery and 33W fast charging, it’s the ultimate all-in-one device for power, style, and adventure.

2. The Most Innovative 5G Smart Phones in the Industry – Doogee Dare Different 

Moment Series – The First Project Smartphone With Ultra-thin Body

Doogee Moment60, Moment60 Pro, and Moment60 Max allow users to project images, videos, and documents onto any flat surface when camping, making it an idetool for presentations, entertainment, and sharing content on the go. It is also famous for its silicon anode large battery.

M60  The First Ultra-thin Projector Phone for Business Elite

The Doogee Moment60, Moment60 Pro, and Moment60 Max are versatile devices that enable users to project images, videos, and documents onto any flat surface, making them perfect for camping trips, presentations, entertainment, and on-the-go content sharing. These models are also renowned for their silicon anode large batteries, which provide exceptional power and longevity.

Note59 Series: 5G Higher Speed, Larger Battery, Slimmer Body

The Note59 Series redefines the 5G smartphone experience with high performance, an ultra-thin design, and long-lasting power. Equipped with the T8200 2.3GHz 6nm processor, Android 15, and a stunning 6.75-inch HD+ 120Hz display, these smartphones deliver seamless multitasking, fluid visuals, and an optimized user experience. b

Note59 Pro+ The Ultimate Performance Beast in the Note 59 Series

As the most powerful model in the Note59 Series, the Note59 Pro+ is built for users who demand top-tier performance and expansive storage. With 12GB RAM + 512GB storage (expandable to 2TB), it ensures lightning-fast performance and ample space for all your apps, games, and files. The T8200 2.3GHz 6nm processor combined with Android 15 guarantees smooth multitasking and efficiency. Its 6.75-inch HD+ display with 120Hz high refresh rate delivers ultra-smooth visuals, while the 50MP+8MP camera setup captures stunning photos with clarity and detail. Despite its powerhouse specs, the Note 59 Pro+ remains ultra-thin at just 8.6mm, making it a sleek yet powerful device.

3. Top 14 & 13-inch Large-screen Tablets in the Industry

DOOGEE’s tablets are made for everyone and every need. With the biggest screens yet – 13 inches (Tab E3 Pro) and 14 inches (Tab E3 Max) – plus loads of storage and battery life, they’re great for both fun and study, and won’t break the bank. They’re perfect for business folks and students alike, thanks to their stylish look and easy portability.

Tab E3 Max: Large-screen Tablets of DOOGEE

The 14-inch Tab E3 Max is built for business pros. It offers a big screen, plenty of storage, and a battery that lasts all day. Whether you’re juggling multiple tasks or handling big files, this tablet can keep up. It’s your go-to for work in the office or on the move.

4. Merge Smart Wearables with Health & Fitness for a New You

Rugged Tech for Active Lifestyles – Engineered for adventurers and fitness enthusiasts, Doogee’s wearables merge military-grade durability, water resistance, and long-lasting battery life with advanced health tracking, GPS navigation, and smart alerts. Sleek, ergonomic designs deliver toughness and tech—empowering you to thrive in any environment.

For outdoor explorers, the G01 is the ultimate companion, featuring GPS navigation and Bluetooth calling to keep you connected wherever you go. Its 1.95-inch display (240×282) offers clear visibility, while the Realtek 8773EWE chip and BT 5.3 ensure seamless connectivity and precise tracking on every journey.

If you prefer a premium experience, the D32FA elevates smartwatch design with its AMOLED display and dynamic effects, housed in a sleek aluminum alloy body that perfectly balances durability and elegance.

For fitness tracking and everyday convenience, the D43(GPS)/D43B (GPS) smartwatches feature a vivid 1.43-inch AMOLED display, ensuring crystal-clear fitness data at a glance. Meanwhile, the D39B, a stylish women’s smartwatch with an AMOLED display, serves as both a fashionable accessory and a practical fitness tracker.

The Canton Fair & 2025 Global Sources Mobile Electronics – Encountering DOOGEE’s Difference

DOOGEE’s presence at the Canton Fair and 2025 Global Sources Mobile Electronics underscores its dedication to nurturing innovation and collaboration in the technology sector. The brand is keen to engage with industry partners, media representatives, and consumers, sharing its vision for the future and investigating new avenues for growth.

As the two tech extravaganzas draw closer, DOOGEE is poised to greet attendees from across the globe at its exhibition space. The brand is set to display its latest offerings and is enthusiastic about participating in conversations that will influence the direction of mobile technology.

For more information about the products or discounts, please visit our official website at [http://www.doogee.com], or follow us on Facebook, YouTube and Tiktok.

Click Here to Get Further Information:

YouTube: https://www.youtube.com/@Doogee/videos
TikTok: https://www.tiktok.com/@doogee.global
Facebook: https://www.facebook.com/doogee
Business Collaboration: pr@doogee.com

About Doogee
DOOGEE, founded in 2009 with the brand DOOGEE, mainly offers smartphones, tablets, rugged phones, and smart wearables, continuously breaking through technical barriers with 300 patents. Our business covers R&D, design, production, marketing, and retail, selling through 60+ countries, including 45 countries in Europe, 12 countries in South America, and 5 countries in Southeast Asia. In 2024, the sales amount exceeded 2 billion yuan in 2023. Doogee is the top No.1 in the rugged phone industry, the top 10th Chinese cross-border e-commerce brand in the digital category, and the top 35th of the Chinese Top 100 cross-border e-commerce brand.

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Celebrating 75 Years of Scandinavian Innovation: ASKO Launches Groundbreaking Home Appliances at Milan Design Week

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April 14, 2025

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MILAN, April 14, 2025 /PRNewswire/ — ASKO, the Scandinavian brand of premium kitchen, laundry, and professional appliances, is celebrating 75 years of innovation since its first washing machine with an interactive exhibition at Milan Design Week from April 8 to 13, along with the launch of its latest innovations. Continuing its legacy of blending cutting-edge technology with timeless design, ASKO is showcasing its award-winning NYACRAFT ovens with Celsius°Cooking™ technology, the Nordic Fresh 2.0 Refrigeration and Scandinavian Laundry Care 2.0 in Milan, set in unique installations created in collaboration with Marmo Arredo.

To mark its 75 years of innovation since a young farmer in Sweden invented its first washing machine, ASKO has collaborated with VOGUE Adria on an exclusive editorial feature that explores ASKO’s new washing machine range. Created with renowned photographer Branislav Simončík, the photoshoot was done at the historic Läckö Castle near Lidköping, Sweden where the first ASKO washing machine was invented. It will appear in the inaugural issue of VOGUE LIVING magazine which will be presented at Milan Design Week and displayed at the ASKO exhibition.

From energy-efficient laundry systems to innovative kitchen solutions, ASKO has continually set new standards in functionality and design. Its exhibition at Milan Design Week showcases the ASKO Attention to Detail design approach that combines meticulous craftsmanship with forward-thinking innovations to create products that are both beautiful and highly functional.

Packed with innovations and smart features, ASKO’s kitchen and laundry appliances are designed with true Scandinavian craftsmanship, enhancing everyday living with their minimalist aesthetics and superior level of finishing in every detail. 

The three major new platforms in laundry, cooling, and ovens that ASKO brings to Milan Design Week have each won prestigious iF Design Awards in 2025.

The ASKO Scandinavian Laundry Care 2.0, featuring the Steel Seal™ washing machine shows how the company continues to lead in laundry care with innovations that prioritize hygiene and sustainability.

ASKO’s built-in and freestanding refrigeration appliances are designed to be as stylish as they are functional, with a special focus on the Kitchen Fit installation features of ASKO freestanding range.

The NYACRAFT ovens from ASKO’s Celsius ovens range offer a perfect blend of precision and versatility. Offering a suite of advanced features, they are available in both Frame and Glass designs.

The ASKO History of Innovation exhibition welcomes visitors daily from April 8 to 13, 10.00 to 17.00. It is located at Via delle Erbe 2a, Milano, in the Brera Design District.  

About ASKO

For more than 75 years, ASKO has combined traditional Scandinavian design with state-of-the-art technology and innovation to create high-quality products that not only make life better, but which are also better for peoples’ health and the planet. This focus on quality, design, innovation and the environment has taken ASKO on an inspiring journey filled with incredible achievements, world-first innovations and many memorable milestones – from the invention of very first washing machine to being awarded prestigious design and environmental awards for the smart cooking technology and sustainable designs.

 

SOURCE ASKO

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UNITED BREWERIES, WELLA, JIO BP TO LEAD FOR HOUSE OF ROSE PROFESSIONAL’S 2025 INDIA EDITION OF BREAK THE CEILING TOUCH THE SKY®

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April 14, 2025

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India’s most successful organizations and inspirational leaders to convene on Sept 30, 2025 in Mumbai.

MUMBAI, India, April 14, 2025 /PRNewswire/ — House of Rose Professional Pte Ltd.  (HORP), announced today that the 2025  India Edition of Break the ceiling touch the sky® (BTCTTS)- the success and leadership summit for women  will be held in  Mumbai, India on Sept. 30, 2025. United Breweries the Wella Company and Jio BP are leading as early partners for the summit.  HORP also called out India as a priority market for leadership excellence in support of India’s status as the fastest growing major economy in the world.  The summit will also celebrate the 2025 Break the ceiling touch the sky® Most Inspirational Women in Leadership in India list which will be announced ahead of the summit on Sept 30.  

Break the ceiling touch the sky® is a rapidly growing community of the world’s most inspirational female executives across industries. The 2025 India Edition of Break the ceiling touch the sky® offers participating organizations opportunities to: Network and build powerful new business connections; enhance their corporate reputation and employer brand; exchange best practices on leadership, Diversity & Inclusion, and success across industries and  train their leadership talent for greater contribution and impact.  The summit will include inspirational sharings on the future of work and leadership, the road to the C-suite, global leadership in a complex but interconnected world and also showcase valuable insights from HORP’s proprietary global research on gender balance and business impact. 

Research shows that gender- balanced led Companies outperform non gender-balanced led Companies. India has an incredible opportunity ahead of it with under 8% of executive management team members and under 18% of Boards members of Fortune India 500 Companies being female.  

Kavita Singh, Chief Human Resources Officer, United Breweries Ltd., shared, “Our purpose is to brew the joy of true togetherness to inspire a better world. We are pleased to partner with Break the ceiling touch the sky® and support this coming together of so many diverse minds and best practices from the world’s best companies and leaders and accelerate gender diversity in the workplace. Our message to women in leadership is to be assertive, and trust in your ability to break barriers. The ceiling isn’t as high when you decide to push past it.” 

Pravesh Saha, General Manager, South Asia, Wella Company shared, “Max Amen, Managing Director – UK & Ireland,  The Wella Company commented, “At Wella Company, we empower people to look, feel, and be their true selves. As an innovative global leader in the beauty industry, we combine our iconic 140+ years of history and industry expertise with our dynamic growth as a category-leading company. With this in mind, we are immensely proud to continue our partnership with Break the Ceiling Touch the Sky®  in India, in our shared mission to enable and inspire people to achieve greater success. Since 2017, we have partnered across multiple regions, reinforcing our commitment to driving positive impact.”

Nishi Vasudeva, Former Chairman & Managing Director, HPCL and Independent Director on the Boards of L&T Finance, Tata Power Renewable Energy and Crisil and Consultant, House of Rose Professional shared, “The advantages of gender balanced leadership have been extensively documented with the clear takeaway that gender balanced led companies deliver better on business, growth and social impact. The world’s largest and most respected Companies are becoming increasingly gender diverse at the top. The sharing of best practices amongst India’s most successful leaders at Break the ceiling touch the sky® is an excellent opportunity to invest not just in women, but in sustainable, better businesses.” 

Added Sam Balsara, Chairman, Madison World; “I have been involved as a speaker at Break the ceiling touch the sky® for several years and also honoured to serve as a current Break the ceiling touch the sky® Global Male Champion for Gender Equality. As a premier Media Agency, Madison has a unique role in shaping attitudes and mindset of leaders towards women overall and the continued advancement of women in leadership as a critical enabler of business. I am looking forward to sharing and learning at the 2025 India Edition of Break the ceiling touch the sky®.

Commented Anthony A. Rose, Chairman and CEO of House of Rose Professional Pte. Ltd. Ltd and author of the book Break the Ceiling Touch the Sky: success secrets of the world’s most inspirational women which inspired the summit, “The Break the ceiling touch the sky® summit enables companies to learn rapidly across industries amongst the world’s most successful companies (versus reinventing the wheel internally),  develop their leaders and accelerate business growth via gender-balanced leadership. We are delighted to be able to contribute to incredible India’s growth story via the Break the ceiling touch the sky® summit.”  

Since 2014, Break the Ceiling Touch the Sky®  has enabled the success of  over  50,000 leaders across over 600 companies globally via 38 international summits and other trainings. House of Rose Professional Pte. Ltd. (HORP) is a leader in global executive development via its Talent (BeliEVE® executive search) Training (Break the ceiling touch the sky® – the success and leadership summit for women) and Transformation (CEOSmith® – reputation, executive excellence and business advisory services for the C-Suite) verticals.  

TO LEAD AS A CORPORATE SPONSOR please email anthony@houseofroseprofessional.com 

TO SIGN AS A PARTICIPATING COMPANY visit https://houseofroseprofessional.com/india-edition-2025/ 

MEDIA AND CUSTOMER  INQUIRIES:

Anthony A. Rose at anthony@houseofroseprofessional.com

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