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Mouchel appoints David Tilston as FD

Consulting and business services firm Mouchel has announced the appointment of David Tilston as finance director as it confirmed its order book had remained at £2 billion.

Mr Tilston will join Mouchel on 13 September, following six years as finance director for FTSE listed companies.

He has previously held senior financial management posts at SABMiller and, in the construction and support services sectors, at Balfour Beatty, Amec, Atkins and SThree.

He replaces Kevin Young, who left the company on 31 August 2010 after 12 years with the firm.

Mouchel chief executive Richard Cuthbert said: “David joins us at an important time in the group’s development and I’m sure he will make a significant contribution as we continue to shape the business for the future.” 

In the trading update, which did not contain any profit or revenue targets, the firm said its order book has been held steady at around the £2bn level, while the medium term visibility is good, given changes in government policy.

It highlighted significant contract wins over the last month including the Mid-West Gascoyne highway maintenance management contract in Western Australia.

Steps to reduce the group’s cost base have continued, with full year savings now expected to be in the region of £25m, including reductions in headcount, offices and other lease costs.

Preliminary results are expected to be announced on 28 October.