Monaco Hickey has always traded cash positive and enjoys a stable financial position thanks to a committed but conservative approach to growth with a focus on strengthening its economic capacity.
Monaco Hickey has grown significantly in recent years, with a turnover now exceeding $60 million.
A major component of this growth was the formation in 2010 of an alliance with Probuild, a well established and highly regarded Australian construction company with a turnover exceeding $750m.
Monaco Hickey's alliance with Probuild has substantially strengthened its financial capacity. Probuild's net assets and performance guarantee facilities exceed $150 million, assisting Monaco Hickey with the resources and security required to cater for the largest and most complex projects.