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Continental confident about sales

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<b> TOUGH  TIMES:  </b> Continental is confident of sales the remainder of the year.  <em>  Image: Shutterstock </em>
<b> TOUGH TIMES: </b> Continental is confident of sales the remainder of the year. <em> Image: Shutterstock </em>

FRANKFURT, Germany - Continental, a German maker of tyres and car parts, is confident after sales and underlying profits increased in the first three months of 2015.

Chief executive Elmar Degenhart said in a statement: "As anticipated, Continental has had a positive start to 2015."

First-quarter sales climbed by 14% to the equivalent of R125-billion.  Underlying or operating profit rose "to around R13-billion a year earlier.

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