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BRIEF-SHW H1 sales up 13.2 pct to EUR 240.1 mln

July 29 (Reuters) - SHW AG :

* Says sales and EBITDA remain in target range

* H1 sales rose 13.2 percent to 240.1 million euros ($265.48 million)

* Group adjusted EBITDA increased from 19.9 million euros to 23.0 million euros in January to June 2015 period

* Order intake in first six month of 2015 rose year-on-year by 4.3 pct from 220.4 million euros to 230.0 million euros

* Net income for period improved 33.6 pct, or 2.4 million euros, in first half to 9.6 million euros (previous year: 7.2 million euros)

* Now expects group sales in order of 470 million euros(previous forecast: 460 million euros) in FY 2015

* Company continues to expect to reach adjusted EBITDA in order of 46 million euros to 50 million euros in FY 2015 Source text for Eikon: Further company coverage: ($1 = 0.9044 euros) (Gdynia Newsroom)