Research Analyst at HSBC Holdings PLC
Chris Johnen is an equity analyst at HSBC specializing in the general sector, with a focus on the German, US, and UK markets. He has covered companies such as Amazon and Scout24 AG, and his performance includes a 31% success rate on 26 tracked ratings with an average return of -6.7% over a one-year time frame; his best-rated company is Scout24 AG. Johnen has been publishing analyst ratings since at least 2019, consistently issuing buy and hold recommendations, and maintains an analyst ranking within HSBC. While detailed information on his professional credentials and prior employment is not publicly available, he is recognized among HSBC's research team.
Chris Johnen from HSBC requested more details on the potential financial impact of the proposed minimum wage for delivery workers in New York City.
CEO Jitse Groen stated that based on the company's current understanding, the impact on their business would be negligible after mitigation measures are implemented. He confirmed that this potential impact is already factored into the company's 2023 adjusted EBITDA guidance of €225 million.
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