Heineken trumpets 2030 plan but investors want results

STORY: Heineken has pledged to boost its revenue and cut costs.But investors in the world's No. 2 beer maker say tougher steps, including plant closures, may be needed.CEO Dolf van den Brink has led the $45 billion dollar brewer for five years.Analysts argue his two key challenges are to deliver greater efficiency while reviving flagging volume growth.While all brewers have been struggling to sell more beer, the Dutch maker of Amstel and Tiger has frustrated some investors with volatile performance.And also for trailing larger rival Anheuser-Busch InBev in efficiency.Heineken laid out an updated strategy at an investor event in October and it said the response was positive.It has been a difficult few years for beer.Valuations across the sector fell after price increases prompted by steep rises in input costs hit volumes.That's as many drinkers have cut back on alcohol.

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