The effect of hot rolling on mechanical and electrical properties, microstructure and recrystallization behaviour of the AlMnScZr alloy was studied. The mould-cast alloy and the alloy after hot rolling at 300 oC was studied during step-by-step quasilinear annealing from 200 oC up to 600 oC with heating rate 100 K/h followed by subsequent isothermal annealing at 600 oC/5 h.