br does not cause new line

v 4.7.11

<Layout xmlns="urn:speedata.de:2009/publisher/en"
    xmlns:sd="urn:speedata:2009/publisher/functions/en">
    <Pagetype name="t" test="true()">
      <Margin left="0mm" right="0mm" top="0mm" bottom="0mm" />
    </Pagetype>
    <Pageformat height="2cm" width="2cm" />
    <Record element="data">
        <PlaceObject>
            <Textblock>
                <Paragraph>
                    <Value select="."></Value>
                </Paragraph>
            </Textblock>
        </PlaceObject>
    </Record>
</Layout>

<data>
    <b>Hello</b><br/>nice<br/><b>world</b>
</data>

results in

Hello nice world

speedata / publisher

br does not cause new line #364