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Volkswagen's SEAT to post 2002 profit - newspaper

FRANKFURT, Jan 27 (Reuters) - Carmaker SEAT, a division of Germany's Volkswagen AG , made a profit in 2002 despite problems with the production of its new Ibiza model last year, the Spanish company's chief told a German newspaper.

"The figures will speak for themselves," SEAT head Andreas Schleef told Die Welt in an interview to be published on Tuesday. "I am confident that they will include figures in the black."

Schleef was quoted last September as saying difficulties with the switch-over to the new Ibiza compact car would make it difficult for the company to meet its targets, and said it would be "very difficult to show a profit".

SEAT posted sales of 6.3 billion euros ($6.82 billion) in 2001, with an operating result of 63 million.