Switzerland-based staffing group Adecco S.A. has seen an uplift in operating performance, following meaningful signs of economic recovery in key markets in Europe. Consequently, our forecast credit metrics have improved. We are therefore raising our long-term corporate credit rating on Adecco to 'BBB+' from 'BBB'. The stable outlook reflects our view that Adecco's operating performance will remain commensurate with the higher rating. LONDON (Standard&Poor's) June 23, 2014--Standard&Poor's Ratings Services said today that it has raised its long-term corporate credit rating on Switzerland-based personnel services group Adecco S.A. to 'BBB+' from 'BBB'. We affirmed the short-term rating at 'A-2'. The outlook is stable. At the same time, we raised to 'BBB+' from 'BBB' our issue ratings on
