The company behind kitchens specialist Magnet grew underlying UK sales by 6 per cent last year despite a slowdown in its growth rate in the final quarter.

Swedish kitchens conglomerate Nobia — which owns the 206-store retail chain — said organic fourth quarter UK sales rose 3 per cent.

That followed rises of 8 per cent in both the first and second quarters, and 5 per cent in the third, as the growth rate progressively worsened through the year.

Total sales worldwide through 2015 benefitted from acquisitions and currency exchange.

Group sales reached 13.34bn Swedish Kroner (£1.09bn), up 17 per cent on the previous year. 7 per cent of the increase was down to currency movement and 4 per cent to its acquisitions of UK kitchen companies Rixonway and Commodore during 2015.