Reports: Lahm company Sixtus has financial problems | 5/25/19



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HAUSHAM (dpa AFX) – Sixtus health care maker Philipp Lahm is struggling financially. Sixtus' lawyer, Birgit Baudisch, spoke in "M√ľnchner Merkur" of "significant losses", the required turnover was not achieved in 2018.

"The numbers have not been good for many years, and in order for the company to be economically viable in the future, we need to change the business model, and we will do that," Lahm said.

On request, lawyer Baudisch referred to Sixtus. The company was not available to comment until Saturday afternoon.

According to reports, the company moves from Hausham to Bad Aibling, also to save on expensive rent. Domestic production will be discontinued and the range of products significantly reduced.

Sixra CEO Petra Reindl said "Spiegel Online", 20 of the last 24 employees were terminated. Thus, only the management and an employee and apprentice remain in the company. Eleven employees filed a complaint against dismissal.

"I have a great understanding of employee discontent, but I take responsibility," Lahm told Merkur. He told the "world": "Entrepreneurship sometimes involves difficult decisions, but we act responsibly."

Since his retirement, the 113-time national player appears as a businessman, with his Philipp Lahm Holding, he is involved, among other things, in start-ups. He is the sole shareholder of Sixtus since 2017 and has taken over most of the traditional organic food manufacturer Schneekoppe./bvi/DP/zb in early 2018

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