* Phoenix Mecano said first-quarter gross sales increased by 5 percent year-on-year to 146.8 mln euros while orders increased 2.4 percent. Its operating result fell by 15.6 percent to 5.2 million euros.
* Clariant announced the issuance of in aggregate 300 million euros of debt in the German market for certificates of indebtedness.
Also read: Factors to watch on Jan 17
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