EXFO is a leading provider of test and service assurance solutions in the global telecommunications industry.

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Three-Year Corporate Performance Goals

Objectives
FY 2009 to FY 2011 Metrics
Increase sales significantly faster than industry growth rate
20% CAGR
Grow EBITDA* (in dollars) faster than sales
>20% CAGR
Continue raising gross margin
62%

*EBITDA is defined as net earnings before interest, income taxes, amortization of property, plant and equipment, amortization of intangible assets, and extraordinary gain.