The difference between the UK's two leading regional brewers Greene King and Wolverhampton and Dudley was emphasised this week by another set of record results from the East Anglian brewer. And it is planning to profit from W&D's misfortunes. Wolves has been embroiled in takeover rumours for almost a year and is currently fending off an unwelcome bid from Pubmaster. If it fails, Greene King is planning to buy some of the W&D pubs Pubmaster will be selling off. It has successfully absorbed the Morland and Marston's businesses it acquired and is looking for further investments. Chairman David McCall said: "We have produced another set of record profits and have delivered the promised benefits of the two acquisitions made in the previous year. We continue to pursue our strategy of becoming the brand leader in the traditional beer market." All its key brands, Greene King IPA, Abbot Ale, Old Speckled Hen and Ruddles County are in growth with record market share levels. For the year to April 28 the company reported pre-tax profit up 15% to £62.8m on turnover up 4% to £431.7m. {{NEWS }}