- Business
- Firefly AB (publ) (FIRE.ST) develops, manufactures and sells customized industrial fire prevention and protection systems for the process industry worldwide. The company offers spark detection systems including patented True IR detectors; flame detection systems with FM-approved detectors; water spray extinguishing systems featuring full-cone nozzles; water mist suppression systems; Quick Suppression Systems for early flame extinguishing; multi-gas detection technologies; and unified control systems such as EXIMIO IntuVison™ and Sentio® for infrastructure monitoring in subways, trains, roads and cable tunnels; commissioning, technical support, maintenance, training and spare parts management services. Firefly serves industries including wood processing and panel production, pulp and paper, tissue, food, biofuel, thermal power, recycling, ports, hygiene products and bioenergy, with sales through direct channels and distributors in over 90 countries. Founded in 1973 and headquartered in Hammarby Sjöstad, Stockholm, Sweden, the company maintains subsidiaries in Poland, Italy and, as of 2025, a wholly-owned entity Firefly US LLC in Charlotte, North Carolina, to enhance aftermarket services, technical support and spare parts availability in North America. Recent developments include the launch of Bokslutskommuniké 2024 reflecting strong financial performance with revenue growth, a record-high order book positioning for robust 2025 results, and CEO Anders Bergström's leadership since 2024, alongside ongoing expansion in key markets.