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December 17, 2012
08:45 EDTITRIItron awarded smart meter contract with City of Johannesburg
Itron announced that, in collaboration with the Edison Power Group, it received a major contract award from the City of Johannesburg, the continent leader and economic hub of Africa with a AA-credit rating from Moody’s and Finch. The engagement, which has a total contract value of approximately $150M, will require Itron to supply its latest generation smart meters and associated smart metering system, tying into the City of Johannesburg’s stated growth and development strategy to improve service delivery and efficiency through network automation.
News For ITRI From The Last 14 Days
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October 8, 2015
16:08 EDTITRIItron on track to achieve $40M of annualized savings from restructuring in 2017
Itron will continue with its restructuring initiatives already underway including the closure of facilities in Brazil, Italy, South Africa, and Saudi Arabia, in addition to the company's evaluation of operational processes and strategies. Itron remains on track to achieve the previously announced $40M of annualized savings beginning in 2017, which the company anticipates will deliver a positive long-term impact on Itron's margins and profitability.
16:06 EDTITRIItron appoints Tom Deitrich as COO
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October 7, 2015
10:01 EDTITRIOn The Fly: Analyst Initiation Summary
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09:17 EDTITRIItron initiated with a Hold at Gabelli
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September 30, 2015
14:50 EDTITRICoppersmith Capital raises stake in Itron to 7.4% from 3.7%

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