Gem Diamonds - Analyst interview, finnCap

GEMD , FCAP Wed, 16 Mar 2016, 07:05 GMT

After Gem Diamonds released their annual results, finnCap provide their view. Revenue for the year of US$249.5m was slightly ahead of their expectations, although EBITDA of US$103.5m was considerably ahead, helped by the weak local currency late in the period. finnCap maintain a positive outlook as they retain their target price of 270p and Buy recommendation.