July 24 (Reuters) - Industrial equipment maker Dover DOV.N raised its full-year profit forecast on Thursday, citing robust product demand and sustained momentum in aerospace, defense and data center markets.

The Downers Grove, Illinois-based company now expects adjusted profit for 2025 between $9.35 and $9.55 per share, from $9.20 to $9.40 per share previously. Analysts, on average, expect annual adjusted profit of $9.35 per share, according to data compiled by LSEG.

"Order trends continued to post positive momentum in the quarter, bolstering our confidence in the second half outlook with a majority of our third quarter revenue already in the backlog," CEO Richard Tobin said.

Dover supplies equipment and components, consumable supplies, aftermarket parts, software, and digital solutions to a variety of end-markets, including aerospace and defense.

The company also manufactures cooling systems for data centers and has benefited from rising demand for artificial intelligence, which has increased need for Dover’s parts and maintenance services.

Profits at Dover’s pumps and process unit, which makes thermal connectors for liquid cooling of data centers, rose to $159.5 million, from $137.2 million a year earlier.

Earnings at its clean energy and fueling business increased to $107.8 million, up from $87.5 million last year. The segment, which operates under the Dover Fueling Solutions and OPW brands, includes a portfolio of safety and efficiency solutions for the convenience retail, fueling, and clean energy markets.

Dover’s adjusted income in the quarter ended June 30 rose 16% to $2.44 per share, above the analysts’ average estimate of $2.39 per share.

Quarterly revenue increased 5% to $2.05 billion, slightly beating estimates of $2.04 billion.

(Reporting by Anandita Mehrotra and Abhinav Parmar in Bengaluru; Editing by Tasim Zahid)

((Anandita.Mehrotra@thomsonreuters.com;))