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Adecco has received the decision on the French antitrust case |
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Corporate news announcement processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this
announcement.
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Zurich, Switzerland, February 2, 2009: Today, Adecco Group, the
worldwide leader in Human Resource services has received the decision
of the French Competition Council (Conseil de la Concurrence) on the
antitrust proceedings involving Adecco and Adia France and its main
competitors in France. The decision imposes a fine of EUR 34.2
million. The Company will carefully analyse the decision before
taking a position in terms of a potential appeal.
Adecco Group has received the decision of the French Competition
Council (Conseil de la Concurrence) on the antitrust proceedings
involving Adecco and Adia France and its main competitors in France.
The decision imposes a fine of EUR 34.2 million. The Company will
carefully analyse the decision before taking a final position in
terms of a potential appeal.
A further announcement on the matter will be made as and when
appropriate.
Forward-looking statements
Information in this release may involve guidance, expectations,
beliefs, plans, intentions or strategies regarding the future. These
forward-looking statements involve risks and uncertainties. All
forward-looking statements included in this release are based on
information available to Adecco S.A. as of the date of this release,
and we assume no duty to update any such forward-looking statements.
The forward-looking statements in this release are not guarantees of
future performance and actual results could differ materially from
our current expectations. Numerous factors could cause or contribute
to such differences. Factors that could affect the Company's
forward-looking statements include, among other things: global GDP
trends and the demand for temporary work; changes in regulation of
temporary work; intense competition in the markets in which the
Company competes; changes in the Company's ability to attract and
retain qualified temporary personnel; the final resolution of the
French anti-trust procedure and any adverse developments in existing
commercial relationships, disputes or legal and tax proceedings.
About Adecco
Adecco S.A. is a Fortune Global 500 company and the global leader in
HR services. The Adecco Group network connects over 700,000
associates with clients each day through its network of over 36,500
employees (FTEs) and over 6,700 offices in over 60 countries and
territories around the world. Registered in Switzerland, and managed
by a multinational team with expertise in markets spanning the globe,
the Adecco Group delivers an unparalleled range of flexible staffing
and career resources to clients and associates.
Adecco S.A. is listed on the SIX Swiss Exchange with trading also on
SWX Europe Limited (symbol ADEN, ISIN CH0012138605) and on the
Euronext Paris (symbol ADE, Euronext Code CH0012138605).
Contacts:
Adecco Corporate Press Office
press.office@adecco.com ; Tel. +41 (0) 44 878 87 87
Adecco Corporate Investor Relations
investor.relations@adecco.com ; Tel. +41 (0) 44 878 89 89
--- End of Message ---
Adecco SA
Sagereistrasse 10 Glattbrugg Switzerland
WKN: 922031;
ISIN: CH0012138605; Index: SLCI, SMI, SPI, SMIEXP;
Listed: Main Market in SIX Swiss Exchange; Copyright © Hugin AS 2009. All rights reserved.
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