Ajilon France, the professional services division of Adecco Group in France, acquired Sydelis, a French IT consulting company
November 5, 2004: Ajilon France, the professional staffing and managed services subsidiary of Adecco SA, the world's largest HR Solutions provider, acquired yesterday Sydelis, a Paris-based IT consulting company.
Chéserex, Suisse, Nov 5, 2004
Sydelis will be integrated into the IT services division of Ajilon France. The acquisition is expected to double the size of Ajilon France's current IT business, with combined sales of more than EUR 40 million in 2003.
Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to risks and uncertainties. The Adecco Group's actual results may differ materially from the results anticipated in these forward-looking statements as a result of certain factors as set forth in the Adecco Group's reports on Form 20-F made pursuant to the Securities Exchange Act of 1934. For instance, the Adecco Group's results of operations may differ materially from those anticipated in the forward-looking statements due to, among other things: our ability to successfully implement our growth and operating strategies, fluctuations in interest rates or foreign currency exchange rates, changes in economic conditions, changes in the law or government regulations in the countries in which the Adecco Group operates, instability in domestic and foreign markets, our ability to obtain commercial credit, and changes in general political, economic and business condition in the countries or regions in which the Adecco Group operates. In addition, the market price of the Company's stock may be volatile from time to time as a result of, among other things: the Adecco Group's operating results, the operating results of other staffing service providers, and changes in the performance of global stock markets in general.