so let's get into it with ferdinand, cfo of abn amro.reat to talk to you. >> thank you for having me. lizzy: net interest income trajectory for this year, given we have lower rates from the ecb. >> thank you, first of all i think we had a good finish to the year if you look at our net profit in the fourth order. 3.9 7 million and it was supported by indeed, a continued high net interest income. but also, fees grew strongly across all client segments. both were up over 10% compared to the comparable period last year. your question specifically, we ended the year at about 6.5 billion, above where earlier announced guidance of 6.4 billion but clearly we expect a lower interest rate to have an impact on our overall outlook for 2025. the reference you made to the 6.2 billion, that is the lower end of the guidance we provided. we provided a range between 6.2 and 6.4 billion. lizzy: the upper end, would meet the estimate. let me ask what role donald trump's tariffs will play in your expectations for the outlook for this year. >> clearly come of

abn amro has posted a 27% drop in fourth quarter profit that represented. >> a modest. >> beat and wasrted by rising fees. >> for the year ahead. the dutch bank says it expects net interest. >> income to fall as much as $300. >> million. >> and ahold. delhaize posted. weaker than expected net. >> profit of ■k7380. >> million. >> in the fourth quarter. >> sales for the period came in marginally ahead of. analysts expectations, with the. company saying it has seen volumes recover. >> in the us. >> that stock. >> though down more. >> than 5%. >> this morning here in the uk, barrett redrow has surged. >> to the top of the ftse. >> after announcing. >> it expects annual. earnings to come in toward the top. >> end. >> of its forecast amid solid. bookings this year. the british home. builder builder announced a 100 million. >> pound. >> buyback, with ceo david thomas highlighting a recovery in demand amid stabilizing political. >> and lending environments. and that stock up. >> more than eight. >> more than 7%, nearly eight. for all the latest market news, you can check out our website. >> we