businesspress24.com - Adecco has received the appeal decision on the French antitrust case
 

Adecco has received the appeal decision on the French antitrust case

ID: 1009520

(Thomson Reuters ONE) - Zurich, Switzerland, January 26, 2010: Adecco Group, the world's leadingprovider of HR solutions, today received the decision of the Paris Court ofAppeal on the antitrust proceedings involving Adecco and Adia France and itsmain competitors in France. The EUR 34 million fine, imposed on February2, 2009, remains unchanged.The Court rejected Adecco's appeal against the decision of the FrenchCompetition Council (Conseil de la Concurrence), which on February 2, 2009 hadimposed a fine of EUR 34 million. Adecco and Adia France will not appeal thisdecision. As of December 31, 2008, Adecco has already recorded a provision forthe total amount of the fine.Contacts:Adecco Corporate Investor RelationsInvestor.relations(at)adecco.com or +41 (0)44 878 89 89Adecco Corporate Press OfficePress.office(at)adecco.com or +41 (0) 44 878 87 87Forward-looking statementsInformation in this release may involve guidance, expectations, beliefs, plans,intentions or strategies regarding the future. These forward-looking statementsinvolve risks and uncertainties. All forward-looking statements included in thisrelease are based on information available to Adecco S.A. as of the date of thisrelease, and we assume no duty to update any such forward-looking statements.The forward-looking statements in this release are not guarantees of futureperformance and actual results could differ materially from our currentexpectations. 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; changesin regulation of temporary work; intense competition in the markets in which theCompany operates; integration of acquired companies; changes in the Company'sability to attract and retain qualified internal and external personnel orclients; the potential impact of disruptions related to IT; any adversedevelopments in existing commercial relationships, disputes or legal and taxproceedings.About the Adecco GroupThe Adecco Group, based in Zurich, Switzerland, is the world's leading providerof HR solutions. With over 28,000 FTE employees and more than 5,700 offices, inover 60 countries and territories around the world, Adecco Group offers a widevariety of services, connecting more than 500,000 colleagues with over 100,000clients every day. The services offered fall into the broad categories oftemporary staffing, permanent placement, outsourcing, consulting andoutplacement. The Adecco Group is a Fortune Global 500 company.Adecco S.A. is registered in Switzerland (ISIN: CH0012138605) with listings onthe SIX Swiss Exchange (ADEN) and on Euronext in France (ADE).[HUG#1377431] Adecco - press release: http://hugin.info/136572/R/1377431/338344.pdf




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Adecco has received the appeal decision on the French antitrust case
Bereitgestellt von Benutzer: hugin
Datum: 26.01.2010 - 11:47 Uhr
Sprache: Deutsch
News-ID 1009520
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