Itron Selected to Modernize Dutch Water System

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Itron Selected to Modernize Dutch Water System

Evides Waterbedrijf to Utilize Itron Metering Technology to Improve Accuracy and Reliability of Water Delivery

Itronhas signed a four-year contract to supply up to 100,000 water meters per year to Evides Waterbedrijf. Itron's shares gained 0.25% and closed at $39.58 on Aug 13, a day after the announcement.

Evides Waterbedrijf, which supplies drinking water to 2.5 million customers in the Western Netherlands will use Itron's advanced metering infrastructure (AMI)-ready volumetric water meters to modernize water system.

The metering solution will enable Evides to track and use water resources more efficiently. Designed for long-term performance and reliability, the meters will help Evides maximize revenue collection over time. About Itron: Itron is a world-leading technology and services company dedicated to the resourceful use of energy and water. We provide comprehensive solutions that measure, manage and analyze energy and water. Our broad product portfolio includes electricity, gas, water and thermal energy measurement devices and control technology; communications systems; software; as well as managed and consulting services. Sources: ItronZACKS

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