Ubisoft confirms Watch Dogs 2 before March 2017, no Assassin's Creed this year

Ubisoft has announced their latest financials today, and in the process confirmed no new Assassin’s Creed game will be released this year and that Watch Dogs 2 is coming before March 2017.
Ubisoft stated that “We are now in a position to take the decision not to release a new Assassin’s Creed game in 2016-17, in order to give the brand a new dimension, while still presenting very solid targets for the fiscal year.”
In addition, Watch Dogs 2 as well as a brand new AAA IP were also confirmed. “Ubisoft will launch a very high-quality line-up, including For Honor, South Par the Fractured but Whole, Tom Clancy’s Ghost Recon WildLands, the next instalment of Watchdogs, and a new high-potential AAA brand with strong digital live services.”
This isn’t the first time we’ve heard these rumors, but it is the first time we’ve had confirmation from Ubisoft on both games. No word on whether Watch Dogs will star Aiden Pierce, but rumblings are that it will be a new character based in San Francisco. We’ll let you know as we hear more.