Hughes Supply, based in Orlando, Fla., reported its unaudited results of operations for the fourth quarter and for fiscal year 2005. Sales for the fourth quarter ended Jan. 31, were $1.12 billion, an increase of 41% from the previous year's fourth quarter. Organic sales growth was 16%, with double-digit growth reported in the majority of the business segments for the fourth consecutive quarter. Net income grew 120% to $20.7 million compared to $9.4 million in the prior year's fourth quarter. Sales for the year were up 36% at $4.42 billion vs. the previous year. Organic sales grew a record 16%, with double-digit growth reported in six of eight business segments. Net income for the year grew 114% to $123.7 million compared with the previous year.