... prospects and profit and loss accounts for 2000-2001 can be found in the appendix. Granada Granada is one of Europe's major commercial broadcasters and content creators and distributors. It owns seven of ITV's UK free-to-air broadcasting franchises. Granada makes many top-rating programmes for ITV, BBC and Channel 4. Quick Financial Information Turnover £2,445 million Gross Profit ? Gross Profit Margin ? Net Profit £-132 million Net Profit Margin -- ROCE -7.3% As can be seen from the information above Granada has been losing money recently, with a negative net profit (£132), this means that it has no profit margin, and a negative return on capital employed (-7.3%). More detailed information on Granada and current trading and prospects can be found in the appendix. Both of these two companies have made large losses recently, but Carlton has suffered from the larger losses, Carlton's net loss was £156 million compared to a loss of £132 million for Granada. Carlton also has a much lower return on capital ...

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