Ubisoft does not expect Assassin's Creed 4 to outsell its predecessor, according to CEO Yves Guillemot.
Speaking during an investor conference call earlier today, Guillemot confirmed the publisher is remaining "prudent" in its expectations for the cross-gen installment.
"To come back to Assassin's Creed 4, in our numbers we have... we expect less than last year," he told the conference, as reported by Gamespot.
The publisher expects the game to perform better, but is wary of officially predicting it, he continued.
"We are actually pushing to achieve more than last year because we think the pirate segment is a great segment that can generate a lot more on a worldwide basis than what was achieved last year," Guillemot said.
"But we wanted to be prudent on our expectations so that it can probably be a bonus if it comes."
The company announced during the same investor call that Assassin's Creed 3 has shipped 12.5 million units to retail since its release, marking a new company record. Meanwhile, Far Cry 3 has performed much better than the publisher anticipated, with six million units shipped.
Ubisoft sales income for the twelve months ending in April was £1.05 billion.
Assassin's Creed 4 is one of five major core games Ubisoft will release this financial year, with two of those yet to be announced. Assassin's Creed 4 will release in November for PS3, PS4, Xbox 360 and PC.