Q: How did you estimate the underlying organic growth in the Design division, and how confident are you in this estimate? A: Kristina Elfstrom Mackintosh, CFO: We used data from Autodesk's system, adjusting for contracts not realized this quarter. We are confident in our estimate, having done thorough checks and backtracking.

Q: Is the decrease in OpEx in the Design division from Q2 to Q3 due to vacation effects, and can this be extrapolated to Q4? A: Kristina Elfstrom Mackintosh, CFO: The decrease is partly due to vacation effects. We are not providing further guidance for Q4 at this time.

Q: Are there any changes in the M&A outlook given the weak macro environment? A: Johan Andersson, CEO: We have a strong pipeline and ongoing discussions. While timing is uncertain, we believe we have good prospects for acquisitions, whether by the end of this year or next.

Q: What is driving the weaker order intake in the Design Management division, particularly in the UK and Germany? A: Johan Andersson, CEO: It's partly due to market conditions, especially in facility management and construction. We expect this to be a short-term effect, with tenders expected to return.

For the complete transcript of the earnings call, please refer to the full earnings call transcript.